SEC Form 4 · accession 0001641248-18-000006
CORVEL CORP · CRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G Combs
Officer — President
Period of report
May 3, 2018
Accepted (ET)
May 7, 2018 · 6:45 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 | May 4, 2018 | M | 500 | $40.24 | A | 1,876 | D | |
| Common Stock | May 4, 2018 | F | 403 | $49.85 | D | 1,473 | D | |
| Common Stock | May 4, 2018 | F | 32 | $49.85 | D | 1,441 | D | |
| Common Stock | May 4, 2018 | M | 400 | $34.77 | A | 1,841 | D | |
| Common Stock | May 4, 2018 | F | 278 | $49.85 | D | 1,563 | D | |
| Common Stock | May 4, 2018 | F | 40 | $49.85 | D | 1,523 | 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 | $34.77 | May 4, 2018 | M | 400 | D | — | Aug 1, 2018 | Common Stock | 400 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $40.24 | May 4, 2018 | M | 500 | D | — | Nov 4, 2018 | Common Stock | 500 | 6,720 | D |
| Non-Qualified Stock Option (right to buy)F2 | $49.40 | May 3, 2018 | A | 20,000 | A | — | May 3, 2023 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.
- F2Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.