Michael Combs - 03 Nov 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
03 Nov 2022
Transactions value $
$0
Form type
4
Filing time
07 Nov 2022, 15:48:41 UTC
Previous filing
04 Oct 2022
Next filing
06 Jan 2023
SEC
View on sec.gov

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) Award $0 +8K $0.00 8K 03 Nov 2022 Common Stock 8K $155.99 Direct F1
transaction CRVL Non-Qualified Stock Option (right to buy) Award $0 +12K +150% $0.00 20K 03 Nov 2022 Common Stock 12K $155.99 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option will vest based on achievement of certain performance criteria relating to earnings growth.
F2 Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.