COPART INC — Director's Dealing 2010

Mar 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2010-03-10

Reporting Person: LOWY RUSSELL (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-10	Common Stock	M	15000	$11.1253	Acquired	15000	Direct
2010-03-10	Common Stock	S	200	$34.85	Disposed	14800	Direct
2010-03-10	Common Stock	S	700	$34.8536	Disposed	14100	Direct
2010-03-10	Common Stock	S	200	$34.8575	Disposed	13900	Direct
2010-03-10	Common Stock	S	500	$34.86	Disposed	13400	Direct
2010-03-10	Common Stock	S	400	$34.87	Disposed	13000	Direct
2010-03-10	Common Stock	S	601	$34.88	Disposed	12399	Direct
2010-03-10	Common Stock	S	200	$34.8825	Disposed	12199	Direct
2010-03-10	Common Stock	S	100	$34.89	Disposed	12099	Direct
2010-03-10	Common Stock	S	100	$34.8950	Disposed	11999	Direct
2010-03-10	Common Stock	S	200	$34.90	Disposed	11799	Direct
2010-03-10	Common Stock	S	1700	$34.9088	Disposed	10099	Direct
2010-03-10	Common Stock	S	200	$34.91	Disposed	9899	Direct
2010-03-10	Common Stock	S	200	$34.9175	Disposed	9699	Direct
2010-03-10	Common Stock	S	300	$34.92	Disposed	9399	Direct
2010-03-10	Common Stock	S	100	$34.9250	Disposed	9299	Direct
2010-03-10	Common Stock	S	1641	$34.9279	Disposed	7658	Direct
2010-03-10	Common Stock	S	404	$34.93	Disposed	7254	Direct
2010-03-10	Common Stock	S	200	$34.9325	Disposed	7054	Direct
2010-03-10	Common Stock	S	900	$34.9344	Disposed	6154	Direct
2010-03-10	Common Stock	S	500	$34.9350	Disposed	5654	Direct
2010-03-10	Common Stock	S	501	$34.94	Disposed	5153	Direct
2010-03-10	Common Stock	S	700	$34.9475	Disposed	4453	Direct
2010-03-10	Common Stock	S	500	$34.95	Disposed	3953	Direct
2010-03-10	Common Stock	S	500	$34.9510	Disposed	3453	Direct
2010-03-10	Common Stock	S	400	$34.9537	Disposed	3053	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-10	Employee Stock Option (right to buy)	$11.1253	M	15000	Disposed	2010-03-15	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 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 March 15, 2000, and it became fully exercisable on March 15, 2005.