COPART INC — Director's Dealing 2015

Jul 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2014-08-19

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
2014-08-19	Common Stock	G	927719	—	Disposed	1440328	Indirect
2015-07-15	Common Stock	G	66000	—	Disposed	1374328	Indirect
2015-07-22	Common Stock	M	200000	$12.015	Acquired	200000	Direct
2015-07-22	Common Stock	F	118760	$36.08	Disposed	81240	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-22	Stock Option (Right to Buy)	$12.015	M	200000	Acquired	2015-10-04	Common Stock (200000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7395645	Indirect

Footnotes

F1: 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.

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.