COPART INC — Director's Dealing 2012

Oct 10, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2012-10-05

Reporting Person: LOWY RUSSELL (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-05	Common Stock	M	18959	$5.495	Acquired	18959	Direct
2012-10-05	Common Stock	M	43586	$4.40	Acquired	62545	Direct
2012-10-05	Common Stock	M	65182	$9.00	Acquired	127727	Direct
2012-10-05	Common Stock	S	127727	$27.5323	Disposed	0	Direct
2012-10-08	Common Stock	M	200	$9.00	Acquired	200	Direct
2012-10-08	Common Stock	S	200	$27.50	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-05	Employee Stock Option (Right to Buy)	$4.40	M	43586	Disposed	2013-08-19	Common Stock (43586)	Direct
2012-10-05	Employee Stock Option (right to buy)	$5.495	M	18959	Disposed	2012-10-21	Common Stock (18959)	Direct
2012-10-05	Employee Stock Option (right to buy)	$9.00	M	65182	Disposed	2014-01-22	Common Stock (65182)	Direct
2012-10-08	Employee Stock Option (right to buy)	$9.00	M	200	Disposed	2014-01-22	Common Stock (200)	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 21, 2002, and it became fully exercisable on October 21, 2007.

F2: This option was previously reported as an option for 30,000 shares of common stock at an exercise price of $10.99 per share but was adjusted to reflect the stock divident 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 divident 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 August 19, 2003, and it became fully exercisable on August 19, 2008.

F6: This option was previously reported as an option for 30,000 shares of common stock at an exercise price of $8.80 per share but was adjusted to reflect the stock divident declared by Copart on March 8, 2012.