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COPART INC Director's Dealing 2011

Apr 16, 2011

30053_dirs_2011-04-15_0fd0c3a9-d2ec-447d-87f7-4238d281518c.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: 2011-04-13

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-13 Common Stock M 613 $16.93 Acquired 16617 Indirect
2011-04-13 Common Stock F 389 $44.29 Disposed 16228 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-13 Employee Stock Option (Right to Buy) $16.93 M 613 Disposed 2011-06-06 Common Stock (613) 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 6/6/2001, and expiration date is 6/6/2011.