CORVEL CORP — Director's Dealing 2010

Jun 15, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2010-06-11

Reporting Person: McFarlane Donald C (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-11	Common Stock	M	635	$11	Acquired	2315	Direct
2010-06-11	Common Stock	S	635	$35.75	Disposed	1680	Direct
2010-06-11	Common Stock	M	100	$11	Acquired	1780	Direct
2010-06-11	Common Stock	S	100	$35.77	Disposed	1680	Direct
2010-06-11	Common Stock	M	100	$11	Acquired	1780	Direct
2010-06-11	Common Stock	S	100	$35.78	Disposed	1680	Direct
2010-06-11	Common Stock	M	100	$11	Acquired	1780	Direct
2010-06-11	Common Stock	S	100	$35.8	Disposed	1680	Direct
2010-06-11	Common Stock	M	100	$11	Acquired	1780	Direct
2010-06-11	Common Stock	S	100	$35.91	Disposed	1680	Direct
2010-06-11	Common Stock	M	158	$11	Acquired	1838	Direct
2010-06-11	Common Stock	S	158	$36.1	Disposed	1680	Direct
2010-06-11	Common Stock	M	7	$11	Acquired	1687	Direct
2010-06-11	Common Stock	S	7	$36.14	Disposed	1680	Direct
2010-06-14	Common Stock	M	800	$11.99	Acquired	2480	Direct
2010-06-14	Common Stock	S	800	$36.5	Disposed	1680	Direct
2010-06-14	Common Stock	M	90	$11.99	Acquired	1770	Direct
2010-06-14	Common Stock	S	90	$36.54	Disposed	1680	Direct
2010-06-14	Common Stock	M	100	$11.99	Acquired	1780	Direct
2010-06-14	Common Stock	S	100	$36.56	Disposed	1680	Direct
2010-06-14	Common Stock	M	100	$11.99	Acquired	1780	Direct
2010-06-14	Common Stock	S	100	$36.57	Disposed	1680	Direct
2010-06-14	Common Stock	M	10	$11.99	Acquired	1690	Direct
2010-06-14	Common Stock	S	10	$36.66	Disposed	1680	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-11	Non-Qualified Stock Option (right to buy)	$11	M	635	Disposed	2010-11-22	Common Stock (635)	Direct
2010-06-11	Non-Qualified Stock Option (right to buy)	$11	M	100	Disposed	2010-11-22	Common Stock (100)	Direct
2010-06-11	Non-Qualified Stock Option (right to buy)	$11	M	100	Disposed	2010-11-22	Common Stock (100)	Direct
2010-06-11	Non-Qualified Stock Option (right to buy)	$11	M	100	Disposed	2010-11-22	Common Stock (100)	Direct
2010-06-11	Non-Qualified Stock Option (right to buy)	$11	M	100	Disposed	2010-11-22	Common Stock (100)	Direct
2010-06-11	Non-Qualified Stock Option (right to buy)	$11	M	158	Disposed	2010-11-22	Common Stock (158)	Direct
2010-06-11	Non-Qualified Stock Option (right to buy)	$11	M	7	Disposed	2010-11-22	Common Stock (7)	Direct
2010-06-14	Non-Qualified Stock Option (right to buy)	$11.99	M	800	Disposed	2011-02-02	Common Stock (800)	Direct
2010-06-14	Non-Qualified Stock Option (right to buy)	$11.99	M	90	Disposed	2011-02-02	Common Stock (90)	Direct
2010-06-14	Non-Qualified Stock Option (right to buy)	$11.99	M	100	Disposed	2011-02-02	Common Stock (100)	Direct
2010-06-14	Non-Qualified Stock Option (right to buy)	$11.99	M	100	Disposed	2011-02-02	Common Stock (100)	Direct
2010-06-14	Non-Qualified Stock Option (right to buy)	$11.99	M	10	Disposed	2011-02-02	Common Stock (10)	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.