CORVEL CORP — Director's Dealing 2012

Jul 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2012-07-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-02	Common Stock	M	2400	$25.1	Acquired	2975	Direct
2012-07-02	Common Stock	S	2400	$50	Disposed	575	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-02	Non-Qualified Stock Option (right to buy)	$25.1	M	2400	Disposed	2013-02-04	Common Stock (2400)	Direct

Holdings (Non-Derivative)

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

Footnotes

F1: Sales reported above were made pursuant to a Rule 10b5-1 trading plan adopted on March 09, 2012.

F2: Reporting person's child owns securities in a custodial account.

F3: Option will vest based on achievement of certain performance criteria relating to revenue growth.