COPART INC — Director's Dealing 2010

Apr 9, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2010-04-06

Reporting Person: STYER PAUL A (Sr VP, Secretary, Gen Csl)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-06	Common Stock	M	5000	$16.9333	Acquired	5802	Direct
2010-04-06	Common Stock	S	2997	$35.95	Disposed	2805	Direct
2010-04-06	Common Stock	S	300	$35.96	Disposed	2505	Direct
2010-04-06	Common Stock	S	240	$35.98	Disposed	2265	Direct
2010-04-06	Common Stock	S	1100	$35.9810	Disposed	1165	Direct
2010-04-06	Common Stock	S	363	$36.00	Disposed	802	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-06	Employee Stock Option (right to buy)	$16.9333	M	5000	Disposed	2011-06-06	Common Stock (5000)	Direct

Footnotes

F1: The transaction on this Form 4 consists of the exercise of a stock option to purchase 5,000 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.

F2: The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was June 6, 2001, and it became fully exercisable on June 6, 2006.

F3: Reflects Employee Stock Purchase Plan allocation and distributions that have occurred since the date of the reporting person's last ownership report.