CORVEL CORP — Director's Dealing 2012

Feb 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2012-02-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-03	Common Stock	M	8000	$19.79	Acquired	36647	Direct
2012-02-03	Common Stock	F	3122	$50.71	Disposed	33525	Direct
2012-02-03	Common Stock	F	1791	$50.71	Disposed	31734	Direct
2012-02-03	Common Stock	M	6000	$28.92	Acquired	37734	Direct
2012-02-03	Common Stock	F	3421	$50.71	Disposed	34313	Direct
2012-02-03	Common Stock	F	945	$50.71	Disposed	33368	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-03	Non-Qualified Stock Option (right to buy)	$19.79	M	8000	Disposed	2014-02-24	Common Stock (8000)	Direct
2012-02-03	Non-Qualified Stock Option (right to buy)	$28.92	M	6000	Disposed	2014-11-02	Common Stock (6000)	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.