COPART INC — Director's Dealing 2017

Nov 29, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2017-11-27

Reporting Person: COHAN STEVEN D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-27	Common Stock	M	63387	$11.295	Acquired	63411	Direct
2017-11-27	Common Stock	S	63387	$41.8234	Disposed	24	Direct
2017-11-28	Common Stock	M	16613	$11.295	Acquired	16637	Direct
2017-11-28	Common Stock	M	80000	$15.01	Acquired	96637	Direct
2017-11-28	Common Stock	S	96613	$41.6839	Disposed	24	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-27	Stock Option	$11.295	M	63387	Disposed	2021-12-14	Common Stock (63387.0)	Direct
2017-11-28	Stock Option	$11.295	M	16613	Disposed	2021-12-14	Common Stock (16613.0)	Direct
2017-11-28	Stock Option	$15.01	M	80000	Disposed	2022-12-05	Common Stock (80000.0)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.80 to $41.89, inclusive. The reporting person undertakes to provide to Copart, Inc., any security holder of Copart, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.47 to $41.88, inclusive. The reporting person undertakes to provide to Copart, Inc., any security holder of Copart, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F3: This option was previously reported as an option for 40,000 shares of common stock at an exercise price of $22.59 per share, but was adjusted to reflect the stock dividend declared by Copart on April 3, 2017.

F4: 2007 Equity Incentive Plan. One half of the options vested on the first anniversary of the date of grant and the balance vested on a monthly basis over the 12 months succeeding such first anniversary.

F5: This option was previously reported as an option for 40,000 shares of common stock at an exercise price of $30.02 per share, but was adjusted to reflect the stock dividend declared by Copart on April 3, 2017.