Mark E. Bertels - 07 Feb 2023 Form 4 Insider Report for CORVEL CORP (CRVL)

Role: EVP - Risk Management Services
Signature: By: Sharon O'Connor For: Mark Bertels
Issuer symbol: CRVL
Transactions as of: 07 Feb 2023
Net transactions value: -$169,500
Form type: 4
Filing time: 09 Feb 2023, 16:54:15 UTC
Previous filing: 18 Nov 2022
Next filing: 03 Apr 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	+147%	$49.40^*	2,100	07 Feb 2023	Direct
transaction	CRVL	Common Stock	Sale	$231,250	-1,250	-60%	$185.00	850	07 Feb 2023	Direct

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	$0	-1,250	-100%	$0.000000^*	0	07 Feb 2023	Common Stock	1,250	$49.40	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.