Brandon O'Brien - 10 May 2023 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
Chief Financial Officer
Signature
By: Sharon O'Connor For: Brandon O'Brien
Issuer symbol
CRVL
Transactions as of
10 May 2023
Transactions value $
-$427,854
Form type
4
Filing time
11 May 2023, 15:12:44 UTC
Previous filing
28 Apr 2023
Next filing
14 Aug 2023
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 $116,895 +1,500 +31.6% $77.93 6,242 10 May 2023 Direct
transaction CRVL Common Stock Tax liability -$116,747 -539 -8.64% $216.60 5,703 10 May 2023 Direct F1
transaction CRVL Common Stock Tax liability -$103,101 -476 -8.35% $216.60 5,227 10 May 2023 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 -$324,900 -1,500 -39.1% $216.60 2,332 10 May 2023 Common Stock 1,500 $77.93 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 Option will vest based on achievement of certain performance criteria relating to earnings growth.