COPART INC — Director's Dealing 2016

Apr 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2016-03-31

Reporting Person: Eldridge Sean (SVP, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-31	Common Stock	M	10000	$22.47	Acquired	11092	Direct
2016-03-31	Common Stock	S	200	$41.06	Disposed	10892	Direct
2016-03-31	Common Stock	S	800	$41.05	Disposed	10092	Direct
2016-03-31	Common Stock	S	750	$41.04	Disposed	9342	Direct
2016-03-31	Common Stock	S	1832	$41.03	Disposed	7510	Direct
2016-03-31	Common Stock	S	1968	$41.02	Disposed	5542	Direct
2016-03-31	Common Stock	S	4450	$41.01	Disposed	1092	Direct
2016-03-31	Common Stock	S	436	$41.0201	Disposed	656	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-31	Stock Option (right to buy)	$22.47	M	10000	Disposed	2021-10-14	Common Stock (10000.0)	Direct

Footnotes

F1: Includes 143 shares of Common Stock acquired under the Company's 1994 Employee Stock Purchase Plan on June 30, 2014.

F2: 2007 Equity Incentive Plan. Twenty percent (20%) of the options vested on the first anniversary of the date of grant and the balance vests on a monthly basis over the 48 months succeeding such first anniversary.