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COPART INC Director's Dealing 2021

Jul 15, 2021

30053_dirs_2021-07-14_cc84046b-4ae1-4f36-8c96-1e21b204aa64.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2021-07-12

Reporting Person: ADAIR A JAYSON (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-07-12 Common Stock S 130000 $139.2075 Disposed 5399227 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 459828 Indirect
Common Stock 2000000 Indirect
Common Stock 30528 Indirect
Common Stock 30528 Indirect
Common Stock 95400 Indirect
Common Stock 106000 Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.87 to $140.17, 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: Reflects Shares held by A. Jayson Adair and Tammi L. Adair Revocable Trust, of which the reporting person and the reporting person's spouse are trustees.

F3: Reflects shares held by JTGJ Investments, LP, a Texas limited partnership("JTGJ"), of which (a) Adair Ventures, LLC is the general partner, of which the reporting person and the reporting person's wife are the members, and (b) the reporting person and the reporting person's wife were then the sole limited partners. The reporting person disclaims beneficial ownership of the issuer's common stock held by JTGJ except to the extent of his pecuniary interest, if any, therein.

F4: Reflects shares held by JTGJ Investments II, LP, a Texas limited partnership("JTGJ II"), of which (a) Adair Ventures, LLC is the general partner, of which the reporting person and the reporting person's wife are the members, and (b) the reporting person and the reporting person's wife were then the sole limited partners. The reporting person disclaims beneficial ownership of the issuer's common stock held by JTGJ II except to the extent of his pecuniary interest, if any, therein.

F5: Reflects shares held by an irrevocable trust for the benefit of a member of the reporting person's immediate family.