CORVEL CORP — Director's Dealing 2010

Nov 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2010-11-10

Reporting Person: McFarlane Donald C (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-10	Common Stock	M	1575	$18.09	Acquired	3255	Direct
2010-11-10	Common Stock	S	1575	$48	Disposed	1680	Direct
2010-11-10	Common Stock	M	300	$18.09	Acquired	1980	Direct
2010-11-10	Common Stock	S	300	$48.07	Disposed	1680	Direct
2010-11-10	Common Stock	S	1000	$48.05	Disposed	680	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-10	Non-Qualified Stock Option (right to buy)	$18.09	M	1575	Disposed	2011-08-03	Common Stock (1575)	Direct
2010-11-10	Non-Qualified Stock Option (right to buy)	$18.09	M	300	Disposed	2011-08-03	Common Stock (300)	Direct

Footnotes

F1: Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.