SEC Form 4 · accession 0001702523-18-000014
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 12, 2018
Accepted (ET)
Nov 14, 2018 · 6:37 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 12, 2018 | M | 100 | $44.86 | A | 6,377 | D | |
| Common Stock | Nov 12, 2018 | S | 100 | $65.00 | D | 6,277 | D | |
| Common Stock | Nov 13, 2018 | M | 1,000 | $45.55 | A | 7,277 | D | |
| Common Stock | Nov 13, 2018 | S | 1,000 | $65.0315 | D | 6,277 | 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 | $44.86 | Nov 12, 2018 | M | 100 | D | — | May 8, 2019 | Common Stock | 100 | 900 | D |
| Non-Qualified Stock Option (right to buy)F1 | $45.55 | Nov 13, 2018 | M | 1,000 | D | — | Feb 6, 2019 | Common Stock | 1,000 | 3,000 | 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.