COPART INC — Director's Dealing 2010

Mar 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2010-03-08

Reporting Person: Blunt Matt (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-08	Common Stock	M	10000	$26.40	Acquired	10000	Direct
2010-03-08	Common Stock	S	680	$35.44	Disposed	9320	Direct
2010-03-08	Common Stock	S	720	$35.45	Disposed	8600	Direct
2010-03-08	Common Stock	S	700	$35.46	Disposed	7900	Direct
2010-03-08	Common Stock	S	1500	$35.48	Disposed	6400	Direct
2010-03-08	Common Stock	S	1200	$35.49	Disposed	5200	Direct
2010-03-08	Common Stock	S	900	$35.50	Disposed	4300	Direct
2010-03-08	Common Stock	S	2299	$35.51	Disposed	2001	Direct
2010-03-08	Common Stock	S	1201	$35.52	Disposed	800	Direct
2010-03-08	Common Stock	S	800	$35.53	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-08	Stock Option (Right to Buy)	$26.40	M	10000	Disposed	2019-01-13	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 2007 Equity Incentive 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 50% after the first year, and thereafter monthly, over the remaining 12 months vesting term. The option grant date was 1/13/2009, and expiration date 1/13/2019.