Michael Combs - 05 Feb 2024 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
05 Feb 2024
Transactions value $
-$6,295,342
Form type
4
Filing time
05 Feb 2024, 21:11:34 UTC
Previous filing
03 Oct 2023
Next filing
15 Feb 2024
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 $526K +6K +43.33% $87.69* 19.8K 05 Feb 2024 Direct
transaction CRVL Common Stock Tax liability -$526K -2.24K -11.29% $234.85 17.6K 05 Feb 2024 Direct F1
transaction CRVL Common Stock Tax liability -$436K -1.86K -10.54% $234.85 15.8K 05 Feb 2024 Direct F1
transaction CRVL Common Stock Options Exercise $395K +4.5K +28.57% $87.69* 20.3K 05 Feb 2024 Direct
transaction CRVL Common Stock Tax liability -$395K -1.68K -8.3% $234.85 18.6K 05 Feb 2024 Direct F1
transaction CRVL Common Stock Tax liability -$327K -1.39K -7.49% $234.85 17.2K 05 Feb 2024 Direct F1
transaction CRVL Common Stock Options Exercise $395K +4.5K +26.19% $87.69* 21.7K 05 Feb 2024 Direct
transaction CRVL Common Stock Tax liability -$395K -1.68K -7.75% $234.85 20K 05 Feb 2024 Direct F1
transaction CRVL Common Stock Tax liability -$327K -1.39K -6.96% $234.85 18.6K 05 Feb 2024 Direct F1
transaction CRVL Common Stock Options Exercise $295K +5.6K +30.09% $52.69* 24.2K 05 Feb 2024 Direct
transaction CRVL Common Stock Tax liability -$295K -1.26K -5.19% $234.85 23K 05 Feb 2024 Direct F1
transaction CRVL Common Stock Tax liability -$369K -1.57K -6.84% $234.85 21.4K 05 Feb 2024 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 -$1.32M -5.6K -93.33% $234.85 400 05 Feb 2024 Common Stock 5.6K $52.69 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$1.41M -6K -40% $234.85 9K 05 Feb 2024 Common Stock 6K $87.69 Direct F3
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$1.06M -4.5K -50% $234.85 4.5K 05 Feb 2024 Common Stock 4.5K $87.69 Direct F3
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$1.06M -4.5K -100% $234.85 0 05 Feb 2024 Common Stock 4.5K $87.69 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.