COPART INC — Director's Dealing 2007

Oct 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2007-10-11

Reporting Person: STYER PAUL A (Sr VP, Secretary, Gen Csl)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-11	Common Stock	S	10000	$35.80	Disposed	0	Direct
2007-10-12	Common Stock	M	10000	$8.80	Acquired	0	Direct
2007-10-12	Common Stock	S	10000	$36.00	Disposed	0	Direct
2007-10-15	Common Stock	M	10000	$8.80	Acquired	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-12	Employee stock Option (right to buy)	$8.80	M	10000	Disposed	2013-08-19	Common Stock (10000)	Direct
2007-10-15	Employee Stock Option (right to buy)	$8.80	M	10000	Disposed	2013-08-19	Common Stock (10000)	Direct

Footnotes

F1: The transactions reported on this Form 4 consist of the exercise of employee stock options to purchase 20,000 shares of Common Stock and the sale of all of the shares of Common Stock the reporting person purchased throught the exercises of such stock options. These shares that were issued upon the exercise of options (described in Table II) were immediately used to cover sales (described in Table I).

F2: The option vested 20% after the first year, and therafter monthly, ratably, over the remaining 48 month vesting term. The option grant date was 8/19/2003.