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COPART INC Director's Dealing 2011

Jan 20, 2011

30053_dirs_2011-01-20_3b2461c4-5c63-4974-b472-dc409a839ab1.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: 2011-01-18

Reporting Person: BAUER DAVID L (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-18 Common Stock M 18750 $16.93 Acquired 18750 Direct
2011-01-18 Common Stock F 12061 $39.56 Acquired 12214 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-18 Employee Stock Option (Right to Buy) $16.93 M 18750 Disposed 2011-06-06 Common Stock (18750) Direct

Footnotes

F1: Shares withheld by the issuer in payment of the aggregate option exercise price and withholding tax liability incurred upon the reported option exercise.

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 June 6, 2001, and it became fully exercisable on June 6, 2006.