COPART INC — Director's Dealing 2012

Mar 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2012-03-13

Reporting Person: ROTE SIMON (V.P. of Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-13	Common Stock	M	8860	$18.00	Acquired	23088	Indirect
2012-03-13	Common Stock	F	3023	$52.75	Disposed	20065	Indirect
2012-03-14	Common Stock	S	10000	$52.60	Disposed	10065	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-13	Employee Stock Option (Right to Buy)	$18.00	M	8860	Disposed	2014-01-22	Common Stock (8860)	Indirect

Footnotes

F1: Reflects shares held by the Simon and Cynthia Rote 2007 Trust, of which the reporting person and the reporting persons spouse are trustees.

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 1/22/2004, and expiration date is 1/22/2014.

F3: On January 10, 2012, Copart, Inc., a Delaware corporation, became the successor of Copart, Inc., a California corporation, pursuant to a merger. The merger had the effect of changing Copart, Inc.'s domicile, but did not alter the proportionate interests of security holders.