CORVEL CORP — Director's Dealing 2018

Dec 20, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2018-12-17

Reporting Person: CLEMONS V GORDON (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-17	Common Stock	M	20000	$45.55	Acquired	1886790	Direct
2018-12-17	Common Stock	F	14545	$62.63	Disposed	1872245	Direct
2018-12-17	Common Stock	F	1633	$62.63	Disposed	1870612	Direct
2018-12-18	Common Stock	S	1000	$62.6822	Disposed	1869612	Direct
2018-12-19	Common Stock	S	1000	$62.4383	Disposed	1868612	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-17	Non-Qualified Stock Option (right to buy)	$45.55	M	20000	Disposed	2019-02-06	Common Stock (20000)	Direct

Footnotes

F1: Sales reported above were made pursuant to a Rule 10b5-1 trading plan adopted on December 6, 2018.

F2: The reported transaction was made by the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 purposes.

F3: Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.