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COPART INC Director's Dealing 2008

Oct 1, 2008

30053_dirs_2008-09-30_00e0bffb-4382-4739-b738-58cc992156fb.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: 2008-09-26

Reporting Person: ADAIR A JAYSON (Director, President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-09-26 Employee Stock Option $39.55 A 100000 Acquired 2018-09-26 Common Stock (100000) Direct

Footnotes

F1: Issued pursuant to the Copart, Inc. 2007 Equity Incentive Plan.

F2: Twenty percent (20%) of the shares subject to each option will vest on September 26, 2009 and 1/60th of the shares subject to each option will vest cumulatively each month thereafter, such that 100% of the shares subject to the option will be vested five (5) years from the vesting commencement date.