COPART INC — Director's Dealing 2010

Mar 25, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2010-03-23

Reporting Person: COHAN STEVEN D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-23	Common Stock	M	10000	$19.12	Acquired	10006	Direct
2010-03-23	Common Stock	S	1500	$36.15	Disposed	8506	Direct
2010-03-23	Common Stock	S	200	$36.1550	Disposed	8306	Direct
2010-03-23	Common Stock	S	300	$35.1583	Disposed	8006	Direct
2010-03-23	Common Stock	S	706	$36.16	Disposed	7300	Direct
2010-03-23	Common Stock	S	400	$36.1850	Disposed	6900	Direct
2010-03-23	Common Stock	S	100	$36.19	Disposed	6800	Direct
2010-03-23	Common Stock	S	400	$36.20	Disposed	6400	Direct
2010-03-23	Common Stock	S	200	$36.21	Disposed	6200	Direct
2010-03-23	Common Stock	S	200	$36.2150	Disposed	6000	Direct
2010-03-23	Common Stock	S	300	$36.23	Disposed	5700	Direct
2010-03-23	Common Stock	S	100	$36.2382	Disposed	5600	Direct
2010-03-23	Common Stock	S	400	$36.24	Disposed	5200	Direct
2010-03-23	Common Stock	S	200	$36.2425	Disposed	5000	Direct
2010-03-23	Common Stock	S	200	$36.2550	Disposed	4800	Direct
2010-03-23	Common Stock	S	200	$36.2575	Disposed	4600	Direct
2010-03-23	Common Stock	S	600	$36.26	Disposed	4000	Direct
2010-03-23	Common Stock	S	400	$36.2650	Disposed	3600	Direct
2010-03-23	Common Stock	S	200	$36.27	Disposed	3400	Direct
2010-03-23	Common Stock	S	153	$36.2735	Disposed	3247	Direct
2010-03-23	Common Stock	S	200	$36.2775	Disposed	3047	Direct
2010-03-23	Common Stock	S	200	$36.28	Disposed	2847	Direct
2010-03-23	Common Stock	S	140	$36.2829	Disposed	2707	Direct
2010-03-23	Common Stock	S	160	$36.2869	Disposed	2547	Direct
2010-03-23	Common Stock	S	200	$36.2875	Disposed	2347	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-23	Stock Option (Right to Buy)	$19.12	M	10000	Disposed	2014-10-01	Common Stock (10000)	Direct

Footnotes

F1: The transaction on this Form 4 consists of the exercise of a stock option to purchase 10,000 shares of Common Stock granted under the 2001 Stock Option Plan and the sale of 10,000 shares of Common Stock the reporting person purchased through the exercise of such stock option. The 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 10/1/2004, and expiration date 10/1/2014.