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COPART INC — Director's Dealing 2023
Jun 29, 2023
30053_dirs_2023-06-29_e73838d0-fd31-4583-84e3-113a9b171930.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: 2023-06-27
Reporting Person: JOHNSON WILLIS J (Director, Chairman of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-27 | Common Stock | M | 160000 | $9.11 | Acquired | 1933832 | Direct |
| 2023-06-27 | Common Stock | M | 160000 | $9.81 | Acquired | 2093832 | Direct |
| 2023-06-27 | Common Stock | M | 160000 | $13.96 | Acquired | 2253832 | Direct |
| 2023-06-27 | Common Stock | M | 80000 | $21.98 | Acquired | 2333832 | Direct |
| 2023-06-27 | Common Stock | M | 50000 | $23.60 | Acquired | 2383832 | Direct |
| 2023-06-27 | Common Stock | M | 50000 | $44.29 | Acquired | 2433832 | Direct |
| 2023-06-27 | Common Stock | S | 660000 | $89.07 | Disposed | 1773832 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-27 | Stock Option (right to buy) | $9.11 | M | 160000 | Disposed | 2024-12-03 | Common Stock (160000) | Direct |
| 2023-06-27 | Stock Option | $9.81 | M | 160000 | Disposed | 2025-12-02 | Common Stock (160000) | Direct |
| 2023-06-27 | Stock Option | $13.96 | M | 160000 | Disposed | 2026-12-16 | Common Stock (160000) | Direct |
| 2023-06-27 | Stock Option | $21.98 | M | 80000 | Disposed | 2027-12-08 | Common Stock (80000) | Direct |
| 2023-06-27 | Stock Option | $23.60 | M | 50000 | Disposed | 2025-12-17 | Common Stock (50000) | Direct |
| 2023-06-27 | Stock Option | $44.29 | M | 50000 | Disposed | 2026-12-06 | Common Stock (50000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 24993518 | Indirect |
| Common Stock | 400000 | Indirect |
| Common Stock | 769102 | 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 $88.87 to $89.22, 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: One half of the options vest on the first anniversary of the date of grant and the balance vests on a monthly basis over the 12 months succeeding such first anniversary.
F4: Options vest on a monthly basis over the 12 months succeeding the grant date.