SEC Form 4 · accession 0001702523-17-000014
CORVEL CORP · CRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Saverien
Officer — Exec. VP, Risk Mgmt. Services
Period of report
Nov 28, 2017
Accepted (ET)
Nov 30, 2017 · 6:41 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 | Nov 28, 2017 | M | 3,000 | $24.24 | A | 6,725 | D | |
| Common Stock | Nov 28, 2017 | F | 1,266 | $57.40 | D | 5,459 | D | |
| Common Stock | Nov 28, 2017 | F | 651 | $57.40 | D | 4,808 | 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 | $24.24 | Nov 28, 2017 | M | 3,000 | D | — | Mar 1, 2018 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.
- F2Option will vest based on achievement of certain performance criteria relating to earnings growth.