CORVEL CORP — Director's Dealing 2016

Jul 28, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2016-07-26

Reporting Person: MICHAEL JEFFREY J (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-26	Common Stock	M	5000.0	$9.05	Acquired	197656	Direct
2016-07-26	Common Stock	F	1003.0	$45.09	Disposed	196653	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-26	Non-Qualified Stock Option (right to buy)	$9.05	M	5000.0	Disposed	2016-08-03	Common Stock (5000)	Direct

Footnotes

F1: Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.

F2: Option issued pursuant to an automatic option grant program for the Company's non-employee directors under the Restated Omnibus Incentive Plan.

F3: Exercisable in a series of 4 equal and successive annual installments commencing 12 months following the date of grant.