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COPART INC Director's Dealing 2007

Sep 20, 2007

30053_dirs_2007-09-19_5a14a360-1ed9-4972-8e0a-704ade317d08.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: SMITH THOMAS W (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-09-17 Stock Option $29.32 A 20000 Acquired 2017-09-17 Common Stock (20000) Direct

Footnotes

F1: Stock Option granted under the Copart, Inc. 2001 Stock Option Plan.

F2: One half of the options vest on the first anniversary of the date of grant and the balance vest on a monthly basis over the 12 months succeeding such first anniversay.

F3: Not applicable.