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Filing Details

Accession Number:: 0001179110-10-005054
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-03-11 12:00:00
Reporting Period:: 2010-03-09

Filing Date:: 2010-03-11
Accepted Time:: 2010-03-11 19:12:06
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
900075	Copart Inc	CPRT	Retail-Auto Dealers & Gasoline Stations (5500)	942867490

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1239685	Jayson A Adair	C/O Copart, Inc. 4665 Business Center Dr Fairfield CA 94534	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2010-03-09	13,965	$11.13	545,182	No	4	M	Direct
Common Stock	Disposition	2010-03-09	199	$35.02	544,983	No	4	S	Direct
Common Stock	Disposition	2010-03-09	300	$35.03	544,683	No	4	S	Direct
Common Stock	Disposition	2010-03-09	392	$35.04	544,291	No	4	S	Direct
Common Stock	Disposition	2010-03-09	165	$35.05	544,126	No	4	S	Direct
Common Stock	Disposition	2010-03-09	809	$35.06	543,317	No	4	S	Direct
Common Stock	Disposition	2010-03-09	400	$35.07	542,917	No	4	S	Direct
Common Stock	Disposition	2010-03-09	200	$35.08	542,717	No	4	S	Direct
Common Stock	Disposition	2010-03-09	700	$35.09	542,017	No	4	S	Direct
Common Stock	Disposition	2010-03-09	447	$35.10	541,570	No	4	S	Direct
Common Stock	Disposition	2010-03-09	53	$35.11	541,517	No	4	S	Direct
Common Stock	Disposition	2010-03-09	600	$35.12	540,917	No	4	S	Direct
Common Stock	Disposition	2010-03-09	100	$35.13	540,817	No	4	S	Direct
Common Stock	Disposition	2010-03-09	500	$35.14	540,317	No	4	S	Direct
Common Stock	Disposition	2010-03-09	500	$35.15	539,817	No	4	S	Direct
Common Stock	Disposition	2010-03-09	400	$35.16	539,417	No	4	S	Direct
Common Stock	Disposition	2010-03-09	2,675	$35.17	536,742	No	4	S	Direct
Common Stock	Disposition	2010-03-09	100	$35.18	536,642	No	4	S	Direct
Common Stock	Disposition	2010-03-09	508	$35.19	536,134	No	4	S	Direct
Common Stock	Disposition	2010-03-09	617	$35.20	535,517	No	4	S	Direct
Common Stock	Disposition	2010-03-09	1,700	$35.21	533,817	No	4	S	Direct
Common Stock	Disposition	2010-03-09	600	$35.22	533,217	No	4	S	Direct
Common Stock	Disposition	2010-03-09	100	$35.23	533,117	No	4	S	Direct
Common Stock	Disposition	2010-03-09	1,200	$35.28	531,917	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2010-03-09	13,965	$0.00	13,965	$11.13

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2010-03-15	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	186,819	Indirect	See footnote
Common Stock	6,174	Indirect	See footnote
Common Stock	6,174	Indirect	See footnote

Footnotes

The transaction on this Form 4 consists of the exercise of a stock option to purchase 13,965 shares of Common Stock granted under the 1992 Stock Option Plan and the sale of all of the shares of Common Stock the reporting person purchased through the exercise of such stock option.
The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was March 15, 2000, and it became fully exercisable on March 15, 2005.
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.
Reflects shares held by an irrevocable trust for the benefit of a member of the reporting person's immediate family.