COPART INC — Director's Dealing 2022

Apr 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2022-04-01

Reporting Person: Liaw Jeffrey (co-Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-01	Restricted Stock Units	$	A	50000	Acquired		Common Stock (50000.0)	Direct

Footnotes

F1: Each restricted stock unit represents the contingent right to receive one share of Copart, Inc. common stock upon vesting of the unit.

F2: 2007 Equity Incentive Plan. Twenty percent (20%) of the restricted stock units vest on the first anniversary of the April 1, 2022 grant date, and the balance vests monthly over the 48 months succeeding such first anniversary. Separate and apart from the time-based vesting condition, no portion of the net shares of common stock that Mr. Liaw receives as a result of the vesting of the restricted stock units may be sold, assigned, or transferred by Mr. Liaw for any reason until April 1, 2032, which is a period of ten (10) years from the original grant date.