SEC Form 4 · accession 0001204612-16-000018
CORVEL CORP · CRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Judd Jessup
Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 5:14 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 16, 2016 | M | 566 | $9.05 | A | 64,980 | D | |
| Common Stock | Feb 16, 2016 | S | 566 | $43.1018 | D | 64,414 | 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 16, 2016 | M | 566 | D | — | Aug 3, 2016 | Common Stock | 566 | 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.