COPART INC — Director's Dealing 2016

Jul 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2016-07-27

Reporting Person: MITZ VINCENT W (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-27	Common Stock	M	13333	$19.775	Acquired	14025	Direct
2016-07-27	Common Stock	M	55000	$16.43	Acquired	69025	Direct
2016-07-27	Common Stock	M	90000	$17.32	Acquired	159025	Direct
2016-07-27	Common Stock	M	113333	$16.38	Acquired	272358	Direct
2016-07-27	Common Stock	M	440000	$20.56	Acquired	712358	Direct
2016-07-27	Common Stock	F	449653	$51.30	Disposed	262705	Direct
2016-07-27	Common Stock	M	66667	$19.775	Acquired	78295	Indirect
2016-07-27	Common Stock	M	55000	$16.43	Acquired	133295	Indirect
2016-07-27	Common Stock	F	72170	$51.30	Disposed	61125	Indirect
2016-07-27	Common Stock	M	40000	$16.43	Acquired	40000	Indirect
2016-07-27	Common Stock	M	110000	$17.32	Acquired	150000	Indirect
2016-07-27	Common Stock	M	86667	$16.38	Acquired	236667	Indirect
2016-07-27	Common Stock	M	60000	$20.56	Acquired	296667	Indirect
2016-07-27	Common Stock	F	181977	$51.30	Disposed	114690	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-27	Stock Option (right to buy)	$19.775	M	13333	Disposed	2018-09-26	Common Stock (13333.0)	Direct
2016-07-27	Stock Option (right to buy)	$19.775	M	66667	Disposed	2018-09-26	Common Stock (66667.0)	Indirect
2016-07-27	Stock Option (right to buy)	$16.43	M	55000	Disposed	2019-09-25	Common Stock (55000.0)	Direct
2016-07-27	Stock Option (right to buy)	$16.43	M	55000	Disposed	2019-09-25	Common Stock (55000.0)	Indirect
2016-07-27	Stock Option (right to buy)	$16.43	M	40000	Disposed	2019-09-25	Common Stock (40000.0)	Indirect
2016-07-27	Stock Option (right to buy)	$17.32	M	90000	Disposed	2020-03-04	Common Stock (90000.0)	Direct
2016-07-27	Stock Option (right to buy)	$17.32	M	110000	Disposed	2020-03-04	Common Stock (110000.0)	Indirect
2016-07-27	Stock Option (right to buy)	$16.38	M	113333	Disposed	2020-10-04	Common Stock (113333.0)	Direct
2016-07-27	Stock Option (right to buy)	$16.38	M	86667	Disposed	2020-10-04	Common Stock (86667.0)	Indirect
2016-07-27	Stock Option (right to buy)	$20.56	M	440000	Disposed	2021-03-04	Common Stock (440000.0)	Direct
2016-07-27	Stock Option (right to buy)	$20.56	M	60000	Disposed	2021-03-04	Common Stock (60000.0)	Indirect

Footnotes

F1: KMM Investment Trust for the benefit of the reporting person's wife and children. The reporting person's wife is trustee of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16 or any other purpose.

F2: VWM Investment Trust, for which the reporting person serves as trustee.

F3: 2007 Equity Incentive Plan. Twenty percent (20%) of the options vested on the first anniversary of the date of grant and the balance vested on a monthly basis over the 48 months succeeding such first anniversary.