CORVEL CORP — Director's Dealing 2013

Sep 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2013-09-03

Reporting Person: McCloud Scott R (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-03	Common Stock	M	854	$9.9	Acquired	12448	Direct
2013-09-03	Common Stock	S	854	$34.52	Disposed	11594	Direct
2013-09-03	Common Stock	M	300	$9.9	Acquired	11894	Direct
2013-09-03	Common Stock	S	300	$34.54	Disposed	11594	Direct
2013-09-03	Common Stock	M	100	$9.9	Acquired	11694	Direct
2013-09-03	Common Stock	S	100	$34.63	Disposed	11594	Direct
2013-09-03	Common Stock	M	200	$9.9	Acquired	11794	Direct
2013-09-03	Common Stock	S	200	$34.64	Disposed	11594	Direct
2013-09-03	Common Stock	M	200	$9.9	Acquired	11794	Direct
2013-09-03	Common Stock	S	200	$34.67	Disposed	11594	Direct
2013-09-03	Common Stock	M	100	$9.9	Acquired	11694	Direct
2013-09-03	Common Stock	S	100	$34.695	Disposed	11594	Direct
2013-09-03	Common Stock	M	5	$9.9	Acquired	11599	Direct
2013-09-03	Common Stock	S	5	$34.75	Disposed	11594	Direct
2013-09-03	Common Stock	M	100	$9.9	Acquired	11694	Direct
2013-09-03	Common Stock	S	100	$34.84	Disposed	11594	Direct
2013-09-03	Common Stock	M	100	$9.9	Acquired	11694	Direct
2013-09-03	Common Stock	S	100	$34.86	Disposed	11594	Direct
2013-09-03	Common Stock	M	91	$9.9	Acquired	11685	Direct
2013-09-03	Common Stock	S	91	$34.88	Disposed	11594	Direct
2013-09-03	Common Stock	M	146	$12.71	Acquired	11740	Direct
2013-09-03	Common Stock	S	146	$34.52	Disposed	11594	Direct
2013-09-03	Common Stock	M	100	$12.71	Acquired	11694	Direct
2013-09-03	Common Stock	S	100	$34.59	Disposed	11594	Direct
2013-09-03	Common Stock	M	129	$12.71	Acquired	11723	Direct
2013-09-03	Common Stock	S	129	$34.6275	Disposed	11594	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	854	Disposed	2014-02-24	Common Stock (854)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	300	Disposed	2014-02-24	Common Stock (300)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	100	Disposed	2014-02-24	Common Stock (100)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	200	Disposed	2014-02-24	Common Stock (200)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	200	Disposed	2014-02-24	Common Stock (200)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	100	Disposed	2014-02-24	Common Stock (100)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	5	Disposed	2014-02-24	Common Stock (5)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	100	Disposed	2014-02-24	Common Stock (100)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	100	Disposed	2014-02-24	Common Stock (100)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$9.9	M	91	Disposed	2014-02-24	Common Stock (91)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$12.71	M	146	Disposed	2014-08-06	Common Stock (146)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$12.71	M	100	Disposed	2014-08-06	Common Stock (100)	Direct
2013-09-03	Non-Qualified Stock Option (right to buy)	$12.71	M	129	Disposed	2014-08-06	Common Stock (129)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1342	Indirect

Footnotes

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

F2: Denise McCloud, former employee of CorVel Corporation and the spouse of Mr. McCloud, acquired shares through Company's Employee Stock Purchase Plan. Mr. McCloud is reporting the indirect ownership of the shares held by Denise McCloud.

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

F4: Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.