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COPART INC Director's Dealing 2009

Jun 9, 2009

30053_dirs_2009-06-09_32be5821-7e9b-4cdb-9769-1fd68d07f4dd.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: STYER PAUL A (Sr VP, Secretary, Gen Csl)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-06-05 Common Stock M 30000 $10.99 Acquired 0 Direct
2009-06-05 Common Stock S 1366 $34.25 Disposed 0 Direct
2009-06-05 Common Stock S 3700 $34.26 Disposed 0 Direct
2009-06-05 Common Stock S 100 $34.2604 Disposed 0 Direct
2009-06-05 Common Stock S 100 $34.2614 Disposed 0 Direct
2009-06-05 Common Stock S 1200 $34.28 Disposed 0 Direct
2009-06-05 Common Stock S 500 $34.30 Disposed 0 Direct
2009-06-05 Common Stock S 1000 $34.32 Disposed 0 Direct
2009-06-05 Common Stock S 1500 $34.33 Disposed 0 Direct
2009-06-05 Common Stock S 400 $34.3315 Disposed 0 Direct
2009-06-05 Common Stock S 10300 $34.34 Acquired 0 Direct
2009-06-05 Common Stock S 100 $34.3401 Acquired 0 Direct
2009-06-05 Common Stock S 3100 $34.36 Acquired 0 Direct
2009-06-05 Common Stock S 1500 $34.37 Acquired 0 Direct
2009-06-05 Common Stock S 3234 $34.39 Acquired 0 Direct
2009-06-05 Common Stock S 100 $34.3904 Acquired 0 Direct
2009-06-05 Common Stock S 200 $34.3905 Acquired 0 Direct
2009-06-05 Common Stock S 100 $34.3906 Acquired 0 Direct
2009-06-05 Common Stock S 100 $34.395 Acquired 0 Direct
2009-06-05 Common Stock S 1400 $34.40 Acquired 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-06-05 Stock Option (Right to Buy) $10.99 M 30000 Disposed 2011-10-21 Common Stock (30000) Direct

Footnotes

F1: The transaction on this Form 4 consists of the exercise of a stock option to purchase 30,000 shares of Common Stock granted under the 1992 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 20% after the first year, and thereafter monthly, over the remaining 48 months vesting term. The option grant date was 10/21/2001, and expiration date 10/21/2011.