COPART INC — Director's Dealing 2007

Oct 4, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2007-10-01

Reporting Person: MEEKS JAMES E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-01	Common Stock	S	22477	$34.00	Disposed	0	Direct
2007-10-01	Common Stock	S	3292	$34.15	Disposed	0	Direct
2007-10-01	Common Stock	S	4257	$34.16	Disposed	0	Direct
2007-10-01	Common Stock	S	1600	$34.17	Disposed	0	Direct
2007-10-01	Common Stock	S	1600	$34.18	Disposed	0	Direct
2007-10-01	Common Stock	S	1900	$34.19	Disposed	0	Direct
2007-10-01	Common Stock	S	4300	$34.24	Disposed	0	Direct
2007-10-01	Common Stock	S	5751	$34.25	Disposed	0	Direct
2007-10-01	Common Stock	S	4340	$34.26	Disposed	0	Direct
2007-10-01	Common Stock	S	1840	$34.27	Disposed	0	Direct
2007-10-01	Common Stock	S	350	$34.28	Disposed	0	Direct
2007-10-01	Common Stock	S	400	$34.29	Disposed	0	Direct
2007-10-01	Common Stock	S	4677	$34.30	Disposed	0	Direct
2001-10-01	Common Stock	S	3200	$34.31	Disposed	0	Direct
2007-10-01	Common Stock	S	1400	$34.32	Disposed	0	Direct
2007-10-01	Common Stock	S	7750	$34.33	Disposed	0	Direct
2007-10-01	Common Stock	S	7765	$34.34	Disposed	0	Direct
2007-10-01	Common Stock	S	400	$34.35	Disposed	0	Direct
2007-10-01	Common Stock	S	3200	$34.36	Disposed	0	Direct
2007-10-01	Common Stock	S	3481	$34.37	Disposed	0	Direct
2007-10-01	Common Stock	S	3800	$34.38	Disposed	0	Direct
2007-10-01	Common Stock	S	3940	$34.39	Disposed	0	Direct
2007-10-01	Common Stock	S	2000	$34.40	Disposed	0	Direct
2007-10-01	Common Stock	S	2661	$34.41	Disposed	0	Direct
2007-10-01	Common Stock	S	2700	$34.42	Disposed	0	Direct
2007-10-01	Common Stock	S	3296	$34.43	Disposed	0	Direct
2007-10-01	Common Stock	S	5184	$34.44	Disposed	0	Direct
2007-10-01	Common Stock	S	2800	$34.45	Disposed	0	Direct
2007-10-01	Common Stock	S	200	$34.46	Disposed	0	Direct
2007-10-01	Common Stock	S	300	$34.47	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-02	Employee Stock Option (right to buy)	$11.13	M	50000	Disposed	2010-03-15	Common Stock (50000)	Direct
2007-10-02	Employee Stock Option (right to buy)	$16.93	M	34995	Disposed	2011-06-01	Common Stock (34995)	Direct
2007-10-02	Employee Stock Option (right to buy)	$10.99	M	13366	Disposed	2012-10-21	Common Stock (13366)	Direct
2007-10-02	Employee Stock Option (right to buy)	$8.80	M	15000	Disposed	2013-08-19	Common Stock (15000)	Direct

Footnotes

F1: The transactions reported on this Form 4 consist of the exercise of employee stock options to purchase 113,361 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.