COPART INC — Director's Dealing 2012

Dec 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2012-11-29

Reporting Person: LOWY RUSSELL (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-29	Common Stock	M	14618	$9.00	Acquired	14618	Direct
2012-11-29	Common Stock	M	63333	$16.43	Acquired	77951	Direct
2012-11-29	Common Stock	M	16666	$16.38	Acquired	94617	Direct
2012-11-29	Common Stock	M	80000	$12.015	Acquired	174617	Direct
2012-11-29	Common Stock	M	8808	$17.195	Acquired	183425	Direct
2012-11-29	Common Stock	S	183425	$30.2854	Disposed	0	Direct
2012-11-30	Common Stock	M	91192	$17.195	Acquired	91192	Direct
2012-11-30	Common Stock	M	53332	$20.56	Acquired	144524	Direct
2012-11-30	Common Stock	S	144524	$30.0917	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-29	Employee Stock Option (right to buy)	$12.015	M	80000	Disposed	2015-10-04	Common Stock (80000)	Direct
2012-11-29	Employee Stock Option (right to buy)	$9.00	M	14618	Disposed	2014-01-22	Common Stock (14618)	Direct
2012-11-29	Employee Stock Option (right to buy)	$16.43	M	63333	Disposed	2019-09-25	Common Stock (63333)	Direct
2012-11-29	Employee Stock Option (right to buy)	$16.38	M	16666	Disposed	2020-10-04	Common Stock (16666)	Direct
2012-11-29	Employee Stock Option (right to buy)	$17.195	M	8808	Disposed	2017-09-28	Common Stock (8808)	Direct
2012-11-30	Employee Stock Option (right to buy)	$17.195	M	91192	Disposed	2017-09-28	Common Stock (91192)	Direct
2012-11-30	Employee Stock Option (right to buy)	$20.56	M	53332	Disposed	2021-03-04	Common Stock (53332)	Direct

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

F2: This option was previously reported as an option for 40,000 shares of common stock at an exercise price of $24.03 per share but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.

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 became fully exercisable on January 22, 2009.

F4: This option was previously reported as an option for 40,000 shares of common stock at an exercise price of $18.00 per share but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.

F5: The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was September 25, 2009, and it becomes fully exercisable on September 25, 2014.

F6: This option was previously reported as an option for 50,000 shares of common stock at an exercise price of $32.86 per share but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.

F7: 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, 2010, and it becomes fully exercisable on October 4, 2015.

F8: This option was previously reported as an option for 20,000 shares of common stock at an exercise price of $32.76 per share but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.

F9: The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was September 28, 2007, and it became fully exercisable on September 28, 2012.

F10: This option was previously reported as an option for 50,000 shares of common stock at an exercise price of $34.39 per share but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.

F11: The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was March 4, 2011, and it becomes fully exercisable on March 4, 2016.

F12: This option was previously reported as an option for 80,000 shares of common stock at an exercise price of $41.12 per share but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.