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:
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