SEC Form 4 · accession 0001056168-16-000005
CORVEL CORP · CRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Hamerslag
Director
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 6:24 pm EST
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 | Feb 25, 2016 | M | 5,842 | $13.43 | A | 124,390 | D | |
| Common Stock | Feb 25, 2016 | S | 5,842 | $42.2344 | D | 118,548 | D | |
| Common Stock | Feb 26, 2016 | M | 3,242 | $9.05 | A | 121,790 | D | |
| Common Stock | Feb 26, 2016 | S | 3,242 | $41.5969 | D | 118,548 | D | |
| Common Stock | Feb 26, 2016 | M | 158 | $13.43 | A | 118,706 | D | |
| Common Stock | Feb 26, 2016 | S | 158 | $41.5969 | D | 118,548 | D | |
| Common Stock | Feb 29, 2016 | M | 958 | $9.05 | A | 119,506 | D | |
| Common Stock | Feb 29, 2016 | S | 958 | $41.50 | D | 118,548 | 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)F1,F2 | $9.05 | Feb 26, 2016 | M | 3,242 | D | — | Aug 3, 2016 | Common Stock | 3,242 | 3,508 | D |
| Non-Qualified Stock Option (right to buy)F1,F2 | $9.05 | Feb 29, 2016 | M | 958 | D | — | Aug 3, 2016 | Common Stock | 958 | 2,550 | D |
| Non-Qualified Stock Option (right to buy)F1,F2 | $13.43 | Feb 25, 2016 | M | 5,842 | D | — | Aug 2, 2017 | Common Stock | 5,842 | 158 | D |
| Non-Qualified Stock Option (right to buy)F1,F2 | $13.43 | Feb 26, 2016 | M | 158 | D | — | Aug 2, 2017 | Common Stock | 158 | 0 | D |
Explanation of responses
- F1Option issued pursuant to an automatic option grant program for the Company's non-employee directors under the Restated Omnibus Incentive Plan.
- F2Exercisable in a series of 4 equal and successive annual installments commencing 12 months following the date of grant.