Michael Saverien, Exec. VP of CorVel Corp., has just filed an initial statement of beneficial ownership where 2,380 shares of CorVel Corp. were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Saverien. Saverien 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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Other recent filings from the company include the following:
a Material Definitive - Sept. 5, 2017