COPART INC — Board/Management Information 2009

Dec 9, 2009

8-K 1 a09-35085_18k.htm 8-K

UNITED STATES

*SECURITIES AND EXCHANGE COMMISSION*

*Washington, DC 20549*

*FORM 8-K*

*CURRENT REPORT*

*Pursuant to Section 13 or 15(d) of the*

*Securities Exchange Act of 1934*

Date of Report (Date of earliest event reported)

December 3, 2009

*Copart, Inc.*

(Exact name of registrant as specified in its charter)

California	0-23255	94-2867490
(State or Other
Jurisdiction of Incorporation)	(Commission File
Number)	(IRS Employer Identification No.)

4665 Business Center Drive Fairfield, California 94534

(Address of Principal Executive Offices, including Zip Code)

*(707) 639-5000*

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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*Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.*

On December 3, 2009, the Board of Directors of Copart, Inc., a California corporation (the “Company”), approved the acceleration of vesting of 20,000 stock options granted on December 11, 2008 to Barry Rosenstein, a member of the Company’s Board of Directors who retired from the Board effective December 3, 2009, such that all of the options were deemed fully vested as of December 4, 2009.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Copart, Inc.
By:	/s/ Paul A. Styer
	Paul A. Styer Senior Vice President, General
Counsel, and Secretary

Date: December 9, 2009

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