Filing Details

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

o

Rule 13d-1(b)

o

Rule 13d-1(c)

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Rule 13d-1(d)

CUSIP No. 221006109

13G

1

Name of Reporting Person:
I.R.S. Identification No. of Above Person:

Corstar Holdings, Inc.

2

Check the Appropriate Box if a Member of a Group

(a)

x

(b)

o

3

SEC Use Only

4

Citizenship or Place of Organization
Minnesota

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

6

Shared Voting Power
6,738,556

7

Sole Dispositive Power
0

8

Shared Dispositive Power
6,738,556

9

Aggregate Amount Beneficially Owned by Each Reporting Person
6,738,556

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o

11

Percent of Class Represented by Amount in Row (9)
37.2%

12

Type of Reporting Person
CO

CUSIP No. 221006109

13G

1

Name of Reporting Person:
I.R.S. Identification No. of Above Person:

Jeffrey J. Michael

2

Check the Appropriate Box if a Member of a Group

(a)

x

(b)

o

3

SEC Use Only

4

Citizenship or Place of Organization
United States

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
232,485*

6

Shared Voting Power
6,738,556

7

Sole Dispositive Power
232,485*

8

Shared Dispositive Power
6,738,556

9

Aggregate Amount Beneficially Owned by Each Reporting Person
6,971,041

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o

11

Percent of Class Represented by Amount in Row (9)
38.5%

12

Type of Reporting Person
IN

Item 1.

(a)

Name of Issuer
The name of the issuer is CorVel Corporation.

(b)

Address of Issuers Principal Executive Offices
2010 Main Street, Suite 600
Irvine, CA 92614

Item 2.

(a)

Name of Person Filing.
See (c) below.

(b)

Address of Principal Business Office or, if none, Residence.
See (c) below

(c)

Citizenship.
Jeffrey J. Michael

10901 Red Circle Drive, Suite 370

Minnetonka, MN 55343

United States citizen

Corstar Holdings, Inc.

10901 Red Circle Drive, Suite 370

Minnetonka, MN 55343

Minnesota corporation

(d)

Title of Class of Securities.
Common Stock

(e)

CUSIP Number.
221006109

Item 3.

Not applicable.

Item 4.

Ownership

(a)

Amount beneficially owned:

As of December 31, 2019, Corstar Holdings, Inc. held 6,738,556 shares of CorVel stock.(1)  As of December 31, 2019 Jeffrey J. Michael individually owned 200,985 shares of CorVel stock and options of 31,500 exercisable within 60 days of February 1, 2020.  Mr. Michael is the President and CEO  and the sole director of Corstar Holdings, Inc.  Mr. Michael disclaims beneficial ownership of shares held by Corstar Holdings, Inc. except to the extent of his pecuniary interest therein.

(b)

Percent of Class:

Based on 18,104,704 shares of the Issuers common stock outstanding as of February 3, 2020 as reported in the Issuers Form 10-Q for the quarterly period ended December 31, 2019:  Corstar Holdings, Inc. may be deemed to the beneficial owner of 37.2% of the Issuers common stock and Mr. Michael may be deemed to be the beneficial owner of 38.5% of the Issuers common stock.

(c)

The Reporting Persons have the power to vote or dispose of the number of shares as follows:

(i)

Sole power to vote or to direct the vote.

Mr. Michael may be deemed to have the sole power to vote or direct the vote of 232,485 shares of common stock based on his ownership of 200,985 shares and options to purchase 31,500 shares that are exercisable within 60 days of February 1, 2020.

(ii)

Shared power to vote or to direct the vote.    

Mr. Michael and Corstar Holdings, Inc. maybe deemed to share the power to vote or direct the vote with respect to 6,971,041 shares of common stock.

(iii)

Sole power to dispose or to direct the disposition of.   

Mr. Michael has sole power to dispose or control the disposition of 232,485 shares of common stock based on his ownership of 200,985 shares and options to purchase 31,500 shares that are exercisable within 60 days of February 1, 2020.

(iv)

Shared power to dispose or to direct the disposition of.   

Mr. Michael and Corstar Holdings, Inc. maybe deemed to have shared power to dispose of or shared power to direct the disposition of 6,971,041 shares of common stock.

Item 5.

Ownership of Five Percent or Less of a Class.

Not Applicable

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Reported on By the Parent Holding Company.

Not Applicable.

Item 8.

Identification and Classification of Members of the Group.

Exhibit A attached hereto identifies each member of the group filing this Schedule 13G/A pursuant to Rule 13d-1(c).

Item 9.

Notice of Dissolution of Group.

Not Applicable.

Item 10.

Certification.

Dated:  February 10, 2020

/s/ Jeffrey J. Michael

Jeffrey J. Michael

CORSTAR HOLDINGS, INC.

By:

/s/ Jeffrey J. Michael

Name:

Jeffrey J. Michael

Its:

President & CEO