SEC Form 4 · accession 0001230877-17-000002
CORVEL CORP · CRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Hoops
Director
Period of report
Jul 7, 2017
Accepted (ET)
Jul 11, 2017 · 4:41 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 | Jul 7, 2017 | M | 6,000 | $13.43 | A | 44,749 | D | |
| Common Stock | Jul 7, 2017 | F | 1,673 | $48.15 | D | 43,076 | 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 | $13.43 | Jul 7, 2017 | M | 6,000 | D | — | Aug 2, 2017 | Common Stock | 6,000 | 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.