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COPART INC Director's Dealing 2009

Jun 11, 2009

30053_dirs_2009-06-10_2d10b185-205e-40cf-9bda-85bc0080863e.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: 2009-06-08

Reporting Person: BAUER DAVID L (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-06-08 Common Stock M 4500 $11.29 Acquired 6526 Indirect
2009-06-08 Common Stock M 5500 $11.13 Acquired 12026 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-06-08 Employee Stock Option (right to buy) $11.29 M 4500 Disposed 2010-01-05 Common Stock (4500) Direct
2009-06-08 Employee stock Option (right to buy) $11.13 M 5500 Disposed 2010-03-15 Common Stock (5500) Direct

Footnotes

F1: Reflects Employee Stock Purchase Plan allocations and distributions that have occurred since the date of the reporting person's last ownership report.

F2: Reflects shares held by the Bauer Family Trust, of which the reporting person and the reporting person's spouse are trustees.

F3: The option vested 20% after the first year, and therafter monthly, ratably, over the remaining 48 month vesting term. The option grant date was January 5, 2000, and it became fully exercisable on January 5, 2005.

F4: The option vested 20% after the first year, and therafter monthly, ratably, over the remaining 48 month vesting term. The option grant date was March 15, 2000, and it became fully exercisable on March 15, 2005.