CORVEL CORP — Director's Dealing 2012

Mar 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2012-03-12

Reporting Person: McFarlane Donald C (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-12	Common Stock	M	588	$19.79	Acquired	1458	Direct
2012-03-12	Common Stock	S	588	$44.1	Disposed	870	Direct
2012-03-12	Common Stock	M	81	$19.79	Acquired	951	Direct
2012-03-12	Common Stock	S	81	$44.11	Disposed	870	Direct
2012-03-12	Common Stock	M	81	$19.79	Acquired	951	Direct
2012-03-12	Common Stock	S	81	$44.5	Disposed	870	Direct
2012-03-13	Common Stock	M	742	$19.79	Acquired	1612	Direct
2012-03-13	Common Stock	S	742	$44	Disposed	870	Direct
2012-03-13	Common Stock	M	8	$19.79	Acquired	878	Direct
2012-03-13	Common Stock	S	8	$44.1	Disposed	870	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-12	Non-Qualified Stock Option (right to buy)	$19.79	M	588	Disposed	2014-02-24	Common Stock (588)	Direct
2012-03-12	Non-Qualified Stock Option (right to buy)	$19.79	M	81	Disposed	2014-02-24	Common Stock (81)	Direct
2012-03-12	Non-Qualified Stock Option (right to buy)	$19.79	M	81	Disposed	2014-02-24	Common Stock (81)	Direct
2012-03-13	Non-Qualified Stock Option (right to buy)	$19.79	M	742	Disposed	2014-02-24	Common Stock (742)	Direct
2012-03-13	Non-Qualified Stock Option (right to buy)	$19.79	M	8	Disposed	2014-02-24	Common Stock (8)	Direct

Footnotes

F1: Option will vest based on achievement of certain performance criteria relating to earnings growth.