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COPART INC Director's Dealing 2012

Jun 12, 2012

30053_dirs_2012-06-12_f24e2089-c80c-47d8-b8e4-f02f4300096d.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: 2012-06-08

Reporting Person: JOHNSON WILLIS J (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-06-08 Common Stock S 155312 $24.7111 Disposed 10442215 Indirect
2012-06-11 Common Stock S 102811 $24.6403 Disposed 10339404 Indirect
2012-06-12 Common Stock S 332716 $24.2594 Disposed 10006688 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3689534 Indirect

Footnotes

F1: Represents the weighted average share price of an aggregate total of 155,312 shares sold in the price range of $24.62 to $24.78 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Reflects shares held by the Willis J. Johnson and Reba J. Johnson Revocable Trust DTD 1/16/1997, of which the reporting person and the reporting person's spouse are trustees.

F3: Reflects shares held by the Reba Family Limited Partnership II, of which the reporting person and the reporting person's spouse are the general partners.

F4: Represents the weighted average share price of an aggregate total of 102,811 shares sold in the price range of $24.60 to $24.71 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F5: Represents the weighted average share price of an aggregate total of 332,716 shares sold in the price range of $24.15 to $24.40 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.