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COPART INC — Director's Dealing 2024
Dec 26, 2024
30053_dirs_2024-12-26_6e038df6-162d-4217-8be4-c5e330626024.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: 2024-12-23
Reporting Person: Morefield Diane M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-23 | Common Stock | M | 50000 | $19.38 | Acquired | 50000 | Direct |
| 2024-12-23 | Common Stock | S | 30000 | $58.01 | Disposed | 20000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-23 | Stock Option | $19.38 | M | 50000 | Disposed | 2026-07-20 | Common Stock (50000) | 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 $58.00 to $58.04, 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 $77.51 per share, but was adjusted to reflect the two separate 2-for-1 stock splits in the form of stock dividends declared by Copart on November 2, 2022, and August 21, 2023.
F4: Options vest on a monthly basis over the 12 months succeeding the grant date.