SEC Form 4 · accession 0001230877-16-000006
CORVEL CORP · CRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Hoops
Director
Period of report
Jun 10, 2016
Accepted (ET)
Jun 14, 2016 · 3:13 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 10, 2016 | M | 9,000 | $9.05 | A | 40,496 | D | |
| Common Stock | Jun 10, 2016 | F | 1,747 | $46.62 | D | 38,749 | 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,F3 | $9.05 | Jun 10, 2016 | M | 9,000 | D | — | Aug 3, 2016 | Common Stock | 9,000 | 0 | D |
Explanation of responses
- F1Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.
- F2Option issued pursuant to an automatic option grant program for the Company's non-employee directors under the Restated Omnibus Incentive Plan.
- F3Exercisable in a series of 4 equal and successive annual installments commencing 12 months following the date of grant.