COPART INC — Director's Dealing 2010

Apr 22, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2010-04-12

Reporting Person: Phillips Vincent (SVP, CIO)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$35.38	2020-04-12	Common Stock (40000)		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 April 12, 2010 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.