SEC Form 4 · accession 0000946724-17-000014
CORVEL CORP · CRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
V Gordon Clemons
Officer — Chairman of the Board · Director
Period of report
Jun 8, 2017
Accepted (ET)
Jun 12, 2017 · 6:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874866
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 8, 2017 | M | 8,000 | $23.10 | A | 1,731,130 | D | |
| Common Stock | Jun 8, 2017 | F | 3,874 | $47.70 | D | 1,727,256 | D | |
| Common Stock | Jun 8, 2017 | F | 1,435 | $47.70 | D | 1,725,821 | D | |
| Common Stock | Jun 8, 2017 | M | 12,000 | $24.24 | A | 1,737,821 | D | |
| Common Stock | Jun 8, 2017 | F | 6,098 | $47.70 | D | 1,731,723 | D | |
| Common Stock | Jun 8, 2017 | F | 2,053 | $47.70 | D | 1,729,670 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $23.10 | Jun 8, 2017 | M | 8,000 | D | — | May 2, 2018 | Common Stock | 8,000 | 92,000 | D |
| Non-Qualified Stock Option (right to buy)F2 | $24.24 | Jun 8, 2017 | M | 12,000 | D | — | Mar 1, 2018 | Common Stock | 12,000 | 0 | D |
Explanation of responses
- F1Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.
- F2Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.