COPART INC — Director's Dealing 2019

Jul 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2019-07-15

Reporting Person: FRANKLIN WILLIAM E (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-15	Common Stock	M	41007	$10.28	Acquired	58974	Direct
2019-07-15	Common Stock	S	41007	$77.3706	Disposed	17967	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-15	Employee Stock Option (right to buy)	$10.28	M	41007	Disposed	2021-03-04	Common Stock (41007)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $77.21 to $77.64, 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 calculation of the weighted average price.

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