COPART INC — Director's Dealing 2013

Jan 11, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2012-12-28

Reporting Person: ADAIR A JAYSON (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-28	Common Stock	G	1764	—	Disposed	2168773	Indirect
2012-12-28	Common Stock	G	50760	—	Disposed	2118013	Indirect
2012-12-28	Common Stock	G	550000	—	Disposed	1568013	Indirect
2012-12-28	Common Stock	G	550000	—	Acquired	550000	Indirect
2012-12-28	Common Stock	G	544500	—	Disposed	550000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12348	Indirect
Common Stock	12348	Indirect

Footnotes

F1: Reflects shares held by A. Jayson Adair and Tammi L. Adair Revocable Trust, of which the reporting person and the reporting person's spouse are trustees.

F2: Represents a contribution of shares by A. Jayson Adair and Tammi L. Adair Revocable Trust, of which the reporting person and the reporting person's spouse are trustees, to the JTGJ Investments, LP, a Texas limited partnership ("JTGJ"), of which (a) Adair Ventures, LLC is the general partner, of which the reporting person and the reporting person's wife are the members, and (b) the reporting person and the reporting person's wife were then the sole limited partners.

F3: Represents two separate gifts of limited partnership interests in JTGJ to two irrevocable trusts for which the reporting person and the reporting person's wife serve as co-trustees. The reporting person disclaims beneficial ownership of the issuer's common stock held by JTGJ except to the extent of his pecuniary interest, if any, therein.

F4: Reflects shares held by an irrevocable trust for the benefit of a member of the reporting person's immediate family.