COPART INC — Director's Dealing 2007

Oct 9, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2007-10-08

Reporting Person: ADAIR A JAYSON (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-08	Common Stock	S	200	$35.69	Disposed	54468	Direct
2007-10-08	Common Stock	S	4622	$35.70	Disposed	54468	Direct
2007-10-08	Common Stock	S	3054	$35.71	Disposed	54468	Direct
2007-10-08	Common Stock	S	600	$35.72	Disposed	54468	Direct
2007-10-08	Common Stock	S	1370	$35.73	Disposed	54468	Direct
2007-10-08	Common Stock	S	946	$35.74	Disposed	54468	Direct
2007-10-08	Common Stock	S	800	$35.75	Disposed	54468	Direct
2007-10-08	Common Stock	S	648	$35.76	Disposed	54468	Direct
2007-10-08	Common Stock	S	1600	$35.77	Disposed	54468	Direct
2007-10-08	Common Stock	S	252	$35.78	Disposed	54468	Direct
2007-10-08	Common Stock	S	500	$35.79	Disposed	54468	Direct
2007-10-08	Common Stock	S	100	$35.82	Disposed	54468	Direct
2007-10-08	Common Stock	S	500	$35.83	Disposed	54468	Direct
2007-10-08	Common Stock	S	15291	$36.00	Disposed	54468	Direct
2007-10-08	Common Stock	S	200	$36.005	Disposed	54468	Direct
2007-10-08	Common Stock	S	1800	$36.01	Disposed	54468	Direct
2007-10-08	Common Stock	S	1200	$36.02	Disposed	54468	Direct
2007-10-08	Common Stock	S	400	$36.05	Disposed	54468	Direct
2007-10-08	Common Stock	S	200	$36.06	Disposed	54468	Direct
2007-10-08	Common Stock	S	300	$36.07	Disposed	54468	Direct
2007-10-08	Common Stock	S	177	$36.08	Disposed	54468	Direct
2007-10-08	Common Stock	S	223	$36.09	Disposed	54468	Direct
2007-10-08	Common Stock	S	166	$36.21	Disposed	54468	Direct
2007-10-08	Common Stock	S	1000	$36.23	Disposed	54468	Direct
2007-10-08	Common Stock	S	1700	$36.24	Disposed	54468	Direct
2007-10-08	Common Stock	S	500	$36.245	Disposed	54468	Direct
2007-10-09	Common Stock	M	38349	$2.92	Acquired	54468	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-09	Employee Stock Option (right to buy)	$2.92	M	38349	Disposed	2008-05-27	Common Stock (38349)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6174	Indirect
Common Stock	6174	Indirect

Footnotes

F1: The transactions reported on this Form 4 consist of the exercise of employee stock options to purchase 38,349 shares of Common Stock and the sales of all of the shares of Common Stock the reporting person purchased through 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 thereafter monthly, ratably, over the remaining 48 month vesting term. The option grant date was 5/27/1998, and it became fully exercisable on 5/27/2003.

F3: Reflects shares held by an irrevocable trust for the benefit of a member of Mr. Adair's immediate family.