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COPART INC Director's Dealing 2014

Jun 6, 2014

30053_dirs_2014-06-05_8f2dcd2a-9e3c-4e02-a4b4-4c02b2070995.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: 2014-06-04

Reporting Person: MEEKS JAMES E (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-06-04 Common Stock M 24288 $12.015 Acquired 24288 Direct
2014-06-04 Common Stock S 24288 $35.77 Disposed 0 Direct
2014-06-05 Common Stock M 61435 $12.015 Acquired 61435 Direct
2014-06-05 Common Stock S 61435 $36.2406 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-06-04 Employee Stock Option (right to buy) $12.015 M 24288 Disposed 2015-10-04 Common Stock (24288) Direct
2014-06-05 Employee Stock Option (right to buy) $12.015 M 61435 Disposed 2015-10-04 Common Stock (61435) 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 October 4, 2005 and it became fully vested on October 4, 2010.

F2: The price shown in Column 4 is a weighted average sale price. The price range for the sales is $35.72 to $35.82. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F3: The price shown in Column 4 is a weighted average sale price. The price range for the sales is $35.80 to $36.57. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.