CORVEL CORP — Director's Dealing 2011

Mar 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2011-03-03

Reporting Person: Starck Daniel J (CEO/President/COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-03	Common Stock	M	16763	$15.76	Acquired	29183	Direct
2011-03-03	Common Stock	S	16763	$49.5	Disposed	12420	Direct
2011-03-04	Common Stock	M	12500	$15.76	Acquired	24920	Direct
2011-03-04	Common Stock	F	3940	$49.99	Disposed	20980	Direct
2011-03-04	Common Stock	F	3139	$49.99	Disposed	17841	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-03	Non-Qualified Stock Option (right to buy)	$15.76	M	16763	Disposed	2011-05-26	Common Stock (16763)	Direct
2011-03-04	Non-Qualified Stock Option (right to buy)	$15.76	M	12500	Disposed	2011-05-26	Common Stock (12500)	Direct

Footnotes

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.