COPART INC — Director's Dealing 2007

Sep 20, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2007-09-17

Reporting Person: SMITH THOMAS W (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1699711	Indirect
Common Stock	1663539	Indirect
Common Stock	100332	Indirect
Common Stock	217200	Indirect
Common Stock	267525	Indirect
Common Stock	1511250	Direct

Footnotes

F1: The reporting person is a general partner of the private investment limited partnership that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities in excess of his pecuniary interest under Rule 16a-1(a)(2)(ii)(B).

F2: These shares are owned directly by the Prescott Investors Profit Sharing Trust ("Trust") and indirectly by the reporting person as trustee of the Trust. The reporting person disclaims beneficial ownership of these shares in excess of his pencuniary interest under Rule 16a-8(b)(2)(ii).

F3: These shares are owned directly by accounts established for the benefit of certain family members of the reporting person. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and the reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.