COPART INC — Director's Dealing 2023

Oct 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPART INC (CPRT)
CIK: 0000900075
Period of Report: 2023-10-09

Reporting Person: FISHER STEPHEN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-09	Common Stock	M	100000	$28.0225	Acquired	100000	Direct
2023-10-09	Common Stock	M	60000	$36.405	Acquired	160000	Direct
2023-10-09	Common Stock	S	160000	$45.69	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-09	Stock Option (right to buy)	$28.0225	M	100000	Disposed	2027-12-04	Common Stock (100000)	Direct
2023-10-09	Stock Option (right to buy)	$36.405	M	60000	Disposed	2028-12-03	Common Stock (60000)	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 $45.37 to $45.96, 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: 2007 Equity Incentive Plan.

F3: This option was previously reported as an option for 25,000 shares of common stock at an exercise price of $112.09 per share, but was adjusted to reflect the separate 2-1 stock splits in the form of stock dividends made by Copart on November 3, 2022 and August 21, 2023, respectively.

F4: Options vest on a monthly basis over the 12 months succeeding the grant date.

F5: This option was previously reported as an option for 15,000 shares of common stock at an exercise price of $145.62 per share, but was adjusted to reflect the separate 2-1 stock splits in the form of stock dividends made by Copart on November 3, 2022 and August 21, 2023, respectively.