Michael G Combs, CorVel Corp.'s Chief Information Officer, recently cashed-in 7,400 options. The options were exercised at prices ranging between $20.54 and $26.38, while the disposals took place between $49.31 and $50.26 per share, on dates ranging from June 06 to June 08, 2016. Combs no longer owns any shares of the company. Combs operates out of Irvine, CA. Some additional info was provided as follows:
Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.
Option will vest based on achievement of certain performance criteria relating to earnings growth.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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