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COPART INC Director's Dealing 2013

Dec 19, 2013

30053_dirs_2013-12-19_3ba5dddc-b1ea-4432-9878-32582bcc2731.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2013-12-16

Reporting Person: MITZ VINCENT W (Director, President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-12-16 Stock Option $35.62 A 1500000 Acquired 2023-12-16 Common Stock (1500000) Direct

Footnotes

F1: This amended form is to correct box 5 which misstated the number of shares awarded as 2,000,000 rather than 1,500,000.

F2: 20% of the options will vest on December 16, 2014, the first anniversary of the date of grant, and the balance will vest monthly thereafer such that 100% of the options will be vested on December 16, 2018, subject to the executive's continued service on each such vesting date. Vesting of the options may accelerate upon certain conditions as set forth in the Stand Alone Stock Option Agreement.