SEC Form 4 · accession 0001702523-18-000002
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
Mar 16, 2018
Accepted (ET)
Mar 20, 2018 · 6:30 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 | Mar 16, 2018 | M | 4,000 | $23.10 | A | 8,808 | D | |
| Common Stock | Mar 16, 2018 | F | 1,743 | $53.00 | D | 7,065 | D | |
| Common Stock | Mar 16, 2018 | F | 856 | $53.00 | D | 6,209 | 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 | $23.10 | Mar 16, 2018 | M | 4,000 | D | — | May 2, 2018 | Common Stock | 4,000 | 0 | 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.