COPART INC — Director's Dealing 2012

Oct 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2012-10-01

Reporting Person: MEEKS JAMES E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-01	Common Stock	M	20000	$4.40	Acquired	20000	Direct
2012-10-01	Common Stock	M	6668	$5.495	Acquired	26668	Direct
2012-10-01	Common Stock	S	7100	$27.50	Disposed	19568	Direct
2012-10-01	Common Stock	S	19568	$27.35	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-01	Employee Stock Option (right to buy)	$4.40	M	20000	Disposed	2013-08-19	Common Stock (20000)	Direct
2012-10-01	Employee Stock Option (right to buy)	$5.495	M	6668	Disposed	2012-10-21	Common Stock (6668)	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 August 19, 2003, and it became fully vested on August 19, 2008.

F2: This option was previously reported as an option for 75,000 shares of common stock at an exercise price of $8.80 per share of which 10,000 remained exercisable, 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 October 21, 2002, and it became fully vested on October 21, 2007.

F4: This option was previously reported as an option for 100,000 shares of common stock at an exercise price of $10.99 per share of which 3,334 remained exercisable, but was adjusted to reflect the stock divident declared by Copart on March 8,2012.