SEC Form 4 · accession 0001031318-16-000012
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
Aug 2, 2016
Accepted (ET)
Aug 5, 2016 · 4:35 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 StockF1 | Aug 2, 2016 | G | 127,335 | $0.00 | D | 0 | I | by Corporation |
| Common Stock | holding | — | — | — | 1,769,630 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The membership interests in Clemons Management LLC were gifted by the reporting person and his spouse for no consideration to two irrevocable trusts established for the adult children of the reporting person and his spouse and those trusts now indirectly own the shares of CorVel stock that are owned by Clemons Management LLC. Neither the reporting person nor his spouse are trustees of such trusts or managers of Clemons Management LLC, and neither has investment or voting control over the shares of CorVel stock held by Clemons Management LLC.