CORVEL CORP — Director's Dealing 2017

Dec 29, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2017-12-27

Reporting Person: SCHWEPPE RICHARD J (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-27	Common Stock	M	1200	$24.24	Acquired	1640	Direct
2017-12-27	Common Stock	F	543	$53.55	Disposed	1097	Direct
2017-12-27	Common Stock	F	246	$53.55	Disposed	851	Direct
2017-12-27	Common Stock	M	1000	$23.10	Acquired	1851	Direct
2017-12-27	Common Stock	F	431	$53.55	Disposed	1420	Direct
2017-12-27	Common Stock	F	214	$53.55	Disposed	1206	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-27	Non-Qualified Stock Option (right to buy)	$23.10	M	1000	Disposed	2018-05-02	Common Stock (1000)	Direct
2017-12-27	Non-Qualified Stock Option (right to buy)	$24.24	M	1200	Disposed	2018-03-01	Common Stock (1200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4000	Indirect
Common Stock	2000	Indirect

Footnotes

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

F2: Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.

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