COPART INC — Director's Dealing 2011

Jan 26, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2011-01-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-21	Common Stock	M	14387	$16.9333	Acquired	22046	Indirect
2011-01-21	Common Stock	F	6042	$40.32	Disposed	16004	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-21	Employee Stock Option (Right to Buy)	$16.9333	M	14387	Disposed	2011-06-06	Common Stock (14387)	Indirect

Footnotes

F1: 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.

F2: Reflects shares held by the Simon and Cynthia Rote 2007 Trust, of which the reporting person and the reporting persons spouse are trustees.