Michael Combs - 06 Aug 2021 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
06 Aug 2021
Transactions value $
-$3,258,623
Form type
4
Filing time
10 Aug 2021, 14:00:00 UTC
Previous filing
08 Jun 2021
Next filing
23 Aug 2021
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 $725K +15K +701.92% $48.35* 17.1K 06 Aug 2021 Direct
transaction CRVL Common Stock Tax liability -$725K -4.47K -26.09% $162.19 12.7K 06 Aug 2021 Direct F1
transaction CRVL Common Stock Tax liability -$826K -5.09K -40.2% $162.19 7.57K 06 Aug 2021 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 -$2.43M -15K -100% $162.19 0 06 Aug 2021 Common Stock 15K $48.35 Direct F2
* 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.