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COPART INC Director's Dealing 2009

Jun 9, 2009

30053_dirs_2009-06-09_f24818a5-1760-46e1-b534-de22182fd239.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: 2009-06-05

Reporting Person: COHAN STEVEN D (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-06-05 Common Stock M 15000 $16.70 Acquired 6 Direct
2009-06-05 Common Stock S 6100 $34.0200 Disposed 6 Direct
2009-06-05 Common Stock S 1382 $34.0300 Disposed 6 Direct
2009-06-05 Common Stock S 100 $34.0301 Disposed 6 Direct
2009-06-05 Common Stock S 500 $34.0400 Disposed 6 Direct
2009-06-05 Common Stock S 200 $34.0500 Disposed 6 Direct
2009-06-05 Common Stock S 108 $34.060 Disposed 6 Direct
2009-06-05 Common Stock S 206 $34.070 Disposed 6 Direct
2009-06-05 Common Stock S 404 $34.0800 Disposed 6 Direct
2009-06-05 Common Stock S 200 $34.0900 Disposed 6 Direct
2009-06-05 Common Stock S 500 $34.10000 Acquired 6 Direct
2009-06-05 Common Stock S 800 $34.1100 Acquired 6 Direct
2009-06-05 Common Stock S 1700 $34.1200 Acquired 6 Direct
2009-06-05 Common Stock S 100 $34.1300 Acquired 6 Direct
2009-06-05 Common Stock S 900 $34.1400 Acquired 6 Direct
2009-06-05 Common Stock S 100 $34.1401 Acquired 6 Direct
2009-06-05 Common Stock S 400 $34.1800 Acquired 6 Direct
2009-06-05 Common Stock S 700 $34.1900 Acquired 6 Direct
2009-06-05 Common Stock S 600 $34.2100 Acquired 6 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-06-05 Stock Option (Right to Buy) $16.70 M 15000 Disposed 2014-02-01 Common Stock (15000) Direct

Footnotes

F1: The transaction on this Form 4 consists of the exercise of a stock option to purchase 15,000 shares of Common Stock granted under the 2001 Stock Option Plan and the sale of all of the shares of Common Stock the reporting person purchased through the exercise of such stock option. These shares that were issued upon the exercise of an option (described in Table II) were immediately used to cover sales (described in Table I).

F2: The option vested 50% after the first year, and thereafter monthly, over the remaining 12 months vesting term. The option grant date was 2/1/2004, and expiration date 2/1/2014.