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CORVEL CORP Director's Dealing 2014

Mar 12, 2014

31179_dirs_2014-03-12_5f516362-9a23-4aef-9b25-d59f7fd57f9e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2014-03-10

Reporting Person: McFarlane Donald C (Chief Information Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-10 Common Stock M 82 $14.46 Acquired 2442 Direct
2014-03-10 Common Stock S 82 $49.5 Disposed 2360 Direct
2014-03-10 Common Stock M 1700 $14.46 Acquired 4060 Direct
2014-03-11 Common Stock M 3604 $14.46 Acquired 7664 Direct
2014-03-11 Common Stock S 3604 $49.5846 Disposed 4060 Direct
2014-03-12 Common Stock M 4214 $14.46 Acquired 8274 Direct
2014-03-12 Common Stock S 4214 $49.6898 Disposed 4060 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-10 Non-Qualified Stock Option (right to buy) $14.46 M 82 Disposed 2014-11-02 Common Stock (82) Direct
2014-03-10 Non-Qualified Stock Option (right to buy) $14.46 M 1700 Disposed 2014-11-02 Common Stock (1700) Direct
2014-03-11 Non-Qualified Stock Option (right to buy) $14.46 M 3604 Disposed 2014-11-02 Common Stock (3604) Direct
2014-03-12 Non-Qualified Stock Option (right to buy) $14.46 M 4214 Disposed 2014-11-02 Common Stock (4214) Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.50 to $50.09, inclusive. The reporting person undertakes to provide to CorVel Corporation, any security holder of CorVel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) of this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.50 to $50.34, inclusive.

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