COPART INC — Director's Dealing 2011

Mar 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2011-03-04

Reporting Person: FRANKLIN WILLIAM E (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-04	Employee Stock Option	$41.12	A	60000	Acquired	2021-03-04	Common Stock (60000)	Direct

Footnotes

F1: Issued pursuant to the Copart, Inc. 2007 Equity Incentive Plan

F2: Twenty percent (20%) of the shares subject to each option will vest on March 4, 2012 and 1/60th of the shares subject to each option will vest cumulatively each month thereafter, such that 100% of the shares subject to the option will be vested five (5) years from the vesting commencement date.