Michael G. Combs - 05 Jan 2023 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
CEO & President
Signature
By: Sharon O'Connor For: Michael Combs
Issuer symbol
CRVL
Transactions as of
05 Jan 2023
Net transactions value
-$1,858,023
Form type
4
Filing time
06 Jan 2023, 17:23:18 UTC
Previous filing
07 Nov 2022
Next filing
13 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $61,750 +1,250 +10% $49.40* 13,301 05 Jan 2023 Direct
transaction CRVL Common Stock Tax liability $61,617 -437 -3.3% $141.00 12,864 05 Jan 2023 Direct F1
transaction CRVL Common Stock Tax liability $44,133 -313 -2.4% $141.00 12,551 05 Jan 2023 Direct F1
transaction CRVL Common Stock Options Exercise $71,688 +1,250 +10% $57.35 13,801 05 Jan 2023 Direct
transaction CRVL Common Stock Tax liability $71,628 -508 -3.7% $141.00 13,293 05 Jan 2023 Direct F1
transaction CRVL Common Stock Tax liability $36,096 -256 -1.9% $141.00 13,037 05 Jan 2023 Direct F1
transaction CRVL Common Stock Options Exercise $311,642 +3,999 +31% $77.93 17,036 05 Jan 2023 Direct
transaction CRVL Common Stock Tax liability $311,610 -2,210 -13% $141.00 14,826 05 Jan 2023 Direct F1
transaction CRVL Common Stock Tax liability $84,036 -596 -4% $141.00 14,230 05 Jan 2023 Direct F1
transaction CRVL Common Stock Options Exercise $374,064 +4,800 +34% $77.93 19,030 05 Jan 2023 Direct
transaction CRVL Common Stock Tax liability $373,932 -2,652 -14% $141.00 16,378 05 Jan 2023 Direct F1
transaction CRVL Common Stock Tax liability $100,956 -716 -4.4% $141.00 15,662 05 Jan 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $176,250 -1,250 -100% $141.00 0 05 Jan 2023 Common Stock 1,250 $49.40 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $176,250 -1,250 -100% $141.00 0 05 Jan 2023 Common Stock 1,250 $57.35 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $563,859 -3,999 -25% $141.00 12,001 05 Jan 2023 Common Stock 3,999 $77.93 Direct F3
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $676,800 -4,800 -40% $141.00 7,201 05 Jan 2023 Common Stock 4,800 $77.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.
F2 Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.
F3 Option will vest based on achievement of certain performance criteria relating to earnings growth.