Gordon Clemons - Nov 26, 2024 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
Other*
Signature
/s/ V. Gordon Clemons
Stock symbol
CRVL
Transactions as of
Nov 26, 2024
Transactions value $
$0
Form type
4
Date filed
2/14/2025, 03:34 PM
Previous filing
Nov 26, 2024
Next filing
Dec 3, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CRVL Common Stock 2.47M Nov 26, 2024 Direct F1, F2, F3

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
holding CRVL Non-Qualified Stock Option 7.56K Nov 26, 2024 Common Stock 7.56K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Gordon Clemons is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The amounts presented are being reported on a post-split basis to reflect the three-for-one forward stock split that occurred on December 24, 2024.
F2 An inadvertent administrative error in carrying forward the effect of the reporting person's gifts of stock reported on June 10, 2024, led to an error in reporting total holdings in subsequent reports. The holdings in this report reflect the correction of the error.
F3 The reporting person no longer has beneficial ownership with respect to the shares of common stock of the Issuer owned by the Marie Eve Clemons Living Trust that were included in the reporting person's prior ownership reports.
F4 The shares reported in column 9 underlie multiple options with exercise prices ranging from approximately $50 to $103, vesting dates ranging from August 2025 through August 2026, and expiration dates ranging from August 2026 through August 2034.

Remarks:

This Form 4 is being voluntarily filed to report that the reporting person retired and is no longer serving as Chairman of the Board of Directors (the "Board") of the Issuer or as a member of the Board effective November 26, 2024. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in the equity securities of the Issuer, and therefore will no longer report any such transactions on Form 4 or Form 5.