SEC Form 4 · accession 0001209191-15-015069
CORVEL CORP · CRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Judd Jessup
Director
Period of report
Feb 12, 2015
Accepted (ET)
Feb 18, 2015 · 9:44 am 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 12, 2015 | M | 5,900 | $7.78 | A | 70,314 | D | |
| Common Stock | Feb 12, 2015 | S | 5,900 | $36.242 | D | 64,414 | D | |
| Common Stock | Feb 13, 2015 | M | 2,437 | $7.78 | A | 66,851 | D | |
| Common Stock | Feb 13, 2015 | S | 2,437 | $36.1811 | 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 | $7.78 | Feb 12, 2015 | M | 5,900 | D | — | Sep 15, 2015 | Common Stock | 5,900 | 7,600 | D |
| Non-Qualified Stock Option (right to buy)F1,F2 | $7.78 | Feb 13, 2015 | M | 2,437 | D | — | Sep 15, 2015 | Common Stock | 2,437 | 5,163 | D |
Explanation of responses
- F1Options issued pursuant to discretionary 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.