SEC Form 4 · accession 0001641248-16-000016
CORVEL CORP · CRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G Combs
Officer — Chief Information Officer
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 4:54 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 10, 2016 | M | 800 | $21.87 | A | 800 | D | |
| Common Stock | Feb 10, 2016 | S | 800 | $44.00 | D | 0 | D | |
| Common Stock | Feb 10, 2016 | M | 500 | $24.78 | A | 500 | D | |
| Common Stock | Feb 10, 2016 | S | 500 | $44.00 | D | 0 | 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 | $21.87 | Feb 10, 2016 | M | 800 | D | — | Aug 4, 2016 | Common Stock | 800 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $24.78 | Feb 10, 2016 | M | 500 | D | — | May 12, 2016 | Common Stock | 500 | 0 | D |
Explanation of responses
- F1Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.