Sec Form 4/A Filing - HAMERSLAG STEVEN J @ CORVEL CORP - 2023-08-10

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
HAMERSLAG STEVEN J
2. Issuer Name and Ticker or Trading Symbol
CORVEL CORP [ CRVL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
5128 APACHE PLUME ROAD, SUITE 400
3. Date of Earliest Transaction (MM/DD/YY)
08/10/2023
(Street)
FORTH WORTH, TX75109
4. If Amendment, Date Original Filed (MM/DD/YY)
08/14/2023
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/10/2023 G V 8,000 ( 1 ) D $ 0 11,125 ( 2 ) ( 3 ) D
Common Stock 08/10/2023 G V 8,000 ( 1 ) A $ 0 119,468 ( 2 ) I See Footnote ( 1 )
Common Stock 08/15/2023 S 3 D $ 226.5 119,465 I See Footnote ( 4 )
Common Stock 08/15/2023 S 1,097 D $ 225.3 ( 5 ) 118,368 I See Footnote ( 4 )
Common Stock 08/15/2023 S 102 D $ 223.81 118,266 I See Footnote ( 4 )
Common Stock 08/15/2023 S 6,723 D $ 222.76 ( 6 ) 111,543 I See Footnote ( 4 )
Common Stock 08/15/2023 S 75 D $ 221.82 111,468 I See Footnote ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HAMERSLAG STEVEN J
5128 APACHE PLUME ROAD
SUITE 400
FORTH WORTH, TX75109
X
Signatures
/s/ Sharon O'Connor, power of attorney for Steven J. Hamerslag 08/17/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On August 10, 2023, the Reporting Person made a bona fide gift of 8,000 shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock") to the Steven J. Hamerslag and Jean Wells Hamerslag Trust Dtd. 12/09/88 (the "Hamerslag Trust"), of which the Reporting Person is a trustee.
( 2 )Due to an administrative error, the number of shares reported on the Reporting Person's Form 4 filed with the Securities and Exchange Commission on August 14, 2023 was reported as directly beneficially owned by the Reporting Person. Those shares, however, should have been reported as being indirectly beneficially owned by the Reporting Person. The shares are held by the Hamerslag Trust, of which the Reporting Person is a Trustee.
( 3 )Includes 11,125 stock options that the Reporting Person has the right to exercise within 60 days.
( 4 )Shares held indirectly by the Reporting Person as trustee of the Hamerslag Trust.
( 5 )Reflects the weighted average sale price per share. The highest price at which shares of Common Stock were sold was $225.11, and the lowest price at which shares were sold was $225.44. The Reporting Person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff (the "Staff"), the Issuer, or the Issuer's security holders, full information regarding the number of shares sold at each separate price.
( 6 )Reflects the weighted average sale price per share. The highest price at which shares of Common Stock were sold was $222.00, and the lowest price at which shares were sold was $222.98. The Reporting Person hereby undertakes to provide, upon request by the Staff, the Issuer, or the Issuer's security holders, full information regarding the number of shares sold at each separate price.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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