Michael Combs - 11 Feb 2022 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
11 Feb 2022
Transactions value $
-$8,479,538
Form type
4
Filing time
15 Feb 2022, 17:05:55 UTC
Previous filing
10 Dec 2021
Next filing
24 Feb 2022
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 $926K +18.8K +408.32% $49.40* 23.3K 11 Feb 2022 Direct
transaction CRVL Common Stock Tax liability -$926K -5.84K -25% $158.74 17.5K 11 Feb 2022 Direct F1
transaction CRVL Common Stock Tax liability -$855K -5.39K -30.78% $158.74 12.1K 11 Feb 2022 Direct F1
transaction CRVL Common Stock Options Exercise $502K +8.75K +72.2% $57.35 20.9K 11 Feb 2022 Direct
transaction CRVL Common Stock Tax liability -$502K -3.16K -15.15% $158.74 17.7K 11 Feb 2022 Direct F1
transaction CRVL Common Stock Tax liability -$429K -2.7K -15.26% $158.74 15K 11 Feb 2022 Direct F1
transaction CRVL Common Stock Options Exercise $195K +3.29K +21.9% $59.32 18.3K 11 Feb 2022 Direct
transaction CRVL Common Stock Tax liability -$195K -1.23K -6.71% $158.74 17.1K 11 Feb 2022 Direct F1
transaction CRVL Common Stock Tax liability -$158K -995 -5.83% $158.74 16.1K 11 Feb 2022 Direct F1
transaction CRVL Common Stock Options Exercise $237K +4K +24.89% $59.32 20.1K 11 Feb 2022 Direct
transaction CRVL Common Stock Tax liability -$237K -1.49K -7.44% $158.74 18.6K 11 Feb 2022 Direct F1
transaction CRVL Common Stock Tax liability -$192K -1.21K -6.52% $158.74 17.4K 11 Feb 2022 Direct F1
transaction CRVL Common Stock Options Exercise $380K +6.4K +36.86% $59.32 23.8K 11 Feb 2022 Direct
transaction CRVL Common Stock Tax liability -$380K -2.39K -10.06% $158.74 21.4K 11 Feb 2022 Direct F1
transaction CRVL Common Stock Tax liability -$308K -1.94K -9.07% $158.74 19.4K 11 Feb 2022 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 -$2.98M -18.8K -93.75% $158.74 1.25K 11 Feb 2022 Common Stock 18.8K $49.40 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$1.39M -8.75K -87.5% $158.74 1.25K 11 Feb 2022 Common Stock 8.75K $57.35 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$522K -3.29K -22.68% $158.74 11.2K 11 Feb 2022 Common Stock 3.29K $59.32 Direct F3
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$635K -4K -35.71% $158.74 7.2K 11 Feb 2022 Common Stock 4K $59.32 Direct F3
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$1.02M -6.4K -88.88% $158.74 801 11 Feb 2022 Common Stock 6.4K $59.32 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.