CORVEL CORP — Director's Dealing 2011

Dec 13, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2011-12-05

Reporting Person: CLEMONS V. GORDON JR (Executive Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	575	Direct
Common Stock	50	Indirect
Common Stock	75	Indirect
Common Stock	15	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$19.79	2014-02-24	COMMON STOCK (5000)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$25.1	2013-02-04	COMMON STOCK (1000)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$25.1	2013-02-04	COMMON STOCK (2400)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$25.42	2014-08-06	COMMON STOCK (1000)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$28.92	2014-11-02	COMMON STOCK (7000)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$30	2013-08-14	COMMON STOCK (2500)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$32.44	2013-05-06	COMMON STOCK (1250)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$36.55	2015-05-14	COMMON STOCK (1000)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$40.16	2015-08-05	COMMON STOCK (1000)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$46.14	2015-12-06	COMMON STOCK (11000)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$49.56	2016-05-12	COMMON STOCK (625)		Direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)	$52.76	2016-11-03	COMMON STOCK (8000)		Direct

Footnotes

F1: Reporting person's child owns securities in a custodial account.

F2: Option will vest based on achievement of certain performance criteria relating to earnings growth.

F3: Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.

F4: Option will vest based on achievement of certain performance criteria relating to revenue growth.