CORVEL CORP — Director's Dealing 2011

May 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2010-12-06

Reporting Person: BLAHA DIANE (Sr. VP of Sales & Account Mgmt)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-31	Common Stock	A	95	$50.521	Acquired	1152	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-06	Non-Qualified Stock Option (right to buy)	$46.14	A	2000	Acquired	2015-12-06	Common Stock (2000)	Direct

Footnotes

F1: Shares acquired under the Issuer's Employee Stock Purchase Plan in a transaction exempt under SEC Rule 16b-3 (c)

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