Jeffrey J Michael, a major owner of CorVel Corp. and a director of the company, recently cashed-in 4,000 options. The options were exercised at $9.05, while the disposals took place at $48.53 per share, on June 08, 2016. Michael continues to hold 192,656 shares of the company. Michael operates out of Irvine, CA. Some additional info was provided as follows:
Option issued pursuant to an automatic option grant program for the Company's non-employee directors under the Restated Omnibus Incentive Plan.
Exercisable in a series of 4 equal and successive annual installments commencing 12 months following the date of grant.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever CorVel Corp. makes a similar move, sign up!
Other recent filings from the company include the following:
Exec. VP of CorVel Corp. just picked up 1,070 shares - Nov. 22, 2017
CorVel Corp. Just Filed Its Quarterly Report: Note D — Weighted A... - Nov. 14, 2017
Notification of inability to timely file Form 10-Q or 10-QSB - Nov. 13, 2017
CorVel Corp.'s Chief Information Officer just cashed-in 1,000 options - Nov. 9, 2017
CorVel Corp.'s Chief Information Officer was just granted 8,000 options - Nov. 6, 2017