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COPART INC Director's Dealing 2011

Dec 7, 2011

30053_dirs_2011-12-07_a034df9f-aa0a-4a1e-ad10-d10c43fc6b66.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2011-12-05

Reporting Person: ROTE SIMON (V.P. of Finance)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-12-05 Common Stock M 38 $10.99 Acquired 14266 Indirect
2011-12-05 Common Stock S 38 $45.58 Disposed 14228 Indirect
2011-12-05 Common Stock M 1140 $18.00 Acquired 15368 Indirect
2011-12-05 Common Stock S 1140 $45.58 Disposed 14228 Indirect
2011-12-05 Coomon Stock M 3183 $8.80 Acquired 17411 Indirect
2011-12-05 Common Stock S 3183 $45.58 Disposed 14228 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-12-05 Employee Stock Option (Right to Buy) $10.99 M 38 Disposed 2015-10-04 Common Stock (38) Indirect
2011-12-05 Employee Stock Option (Right to Buy) $18.00 M 1140 Disposed 2014-01-22 Common Stock (1140) Indirect
2011-12-05 Employee Stock Option (Right to Buy) $8.80 M 3183 Disposed 2013-08-19 Common Stock (3183) Indirect

Footnotes

F1: Reflects shares held by the Simon and Cynthia Rote 2007 Trust, of which the reporting person and the reporting persons spouse are trustees.

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 10/4/2005, and expiration date is 10/4/2015.

F3: The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was 1/22/2004, and expiration date is 1/22/2014.

F4: The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was 8/19/2003, and expiration date is 8/19/2013.