COPART INC — Director's Dealing 2011

Jun 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2011-06-16

Reporting Person: Wylie Thomas (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-16	Common Stock	M	30000	$12.81	Acquired	30698	Direct
2011-06-16	Common Stock	S	30000	$44.65	Disposed	698	Direct
2011-06-16	Common Stock	M	20000	$18.00	Acquired	20698	Direct
2011-06-16	Common Stock	S	20000	$44.65	Disposed	698	Direct
2011-06-16	Common Stock	M	40000	$24.03	Acquired	40698	Direct
2011-06-16	Common Stock	S	40000	$24.03	Disposed	698	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-16	Employee Stock Option (right to buy)	$12.81	M	30000	Disposed	2013-11-12	Common Stock (30000)	Direct
2011-06-16	Employee Stock Option (right to buy)	$18.00	M	20000	Disposed	2014-01-22	Common Stock (20000)	Direct
2011-06-16	Employee Stock Option (right to buy)	$24.03	M	40000	Disposed	2015-10-04	Common Stock (40000)	Direct

Footnotes

F1: Reflects Common Stock purchased by Issuer.

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 November 12, 2003, and it becam fully exercisable on November 12, 2008.

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 January 22, 2004, and it becam fully exercisable on January 22, 2009.

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 October 4, 2005, and it becam fully exercisable on October 4, 2010.