CORVEL CORP — Director's Dealing 2020

Jan 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORVEL CORP (CRVL)
CIK: 0000874866
Period of Report: 2020-01-23

Reporting Person: Combs Michael G (CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-23	Common Stock	M	2292	$34.78	Acquired	3342	Direct
2020-01-23	Common Stock	F	837	$95.16	Disposed	2505	Direct
2020-01-23	Common Stock	F	485	$95.16	Disposed	2020	Direct
2020-01-23	Common Stock	M	1000	$33.16	Acquired	3020	Direct
2020-01-23	Common Stock	F	348	$95.16	Disposed	2672	Direct
2020-01-23	Common Stock	F	216	$95.16	Disposed	2456	Direct
2020-01-23	Common Stock	M	2500	$34.67	Acquired	4956	Direct
2020-01-23	Common Stock	F	910	$95.16	Disposed	4046	Direct
2020-01-23	Common Stock	F	578	$95.16	Disposed	3468	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-23	Non-Qualified Stock Option (right to buy)	$33.16	M	1000	Disposed	2020-08-06	Common Stock (1000)	Direct
2020-01-23	Non-Qualified Stock Option (right to buy)	$34.67	M	2500	Disposed	2020-05-07	Common Stock (2500)	Direct
2020-01-23	Non-Qualified Stock Option (right to buy)	$34.78	M	2292	Disposed	2020-11-05	Common Stock (2292)	Direct

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.