Filing Details

Accession Number:
0000900075-16-000040
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-06-01 10:19:58
Reporting Period:
2016-05-27
Filing Date:
2016-06-01
Accepted Time:
2016-06-01 10:19:58
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
1284107 D Steven Cohan C/O Copart, Inc.14185 Dallas Parkway
Suite 300
Dallas TX 75254
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-05-27 40,000 $20.22 40,012 No 4 M Direct
Common Stock Acquisiton 2016-05-27 40,000 $13.08 80,012 No 4 M Direct
Common Stock Acquisiton 2016-05-27 40,000 $17.62 120,012 No 4 M Direct
Common Stock Acquisiton 2016-05-27 40,000 $16.56 160,012 No 4 M Direct
Common Stock Disposition 2016-05-27 160,000 $48.85 12 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2016-05-27 40,000 $0.00 40,000 $20.22
Common Stock Stock Option (right to buy) Disposition 2016-05-27 40,000 $0.00 40,000 $13.08
Common Stock Stock Option (right to buy) Disposition 2016-05-27 40,000 $0.00 40,000 $17.62
Common Stock Stock Option (right to buy) Disposition 2016-05-27 40,000 $0.00 40,000 $16.56
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2017-12-06 No 4 M Direct
0 2018-12-11 No 4 M Direct
0 2019-12-03 No 4 M Direct
0 2020-12-02 No 4 M Direct
Footnotes
  1. On March 8, 2012, Copart implemented a two-for-one stock split in the form of a stock dividend, resulting in the reporting person's ownership of 6 additional shares of common stock, which were inadvertently omitted from the reporting person's Form 4 filed on March 7, 2013.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.789 to $49.04, 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.
  3. This option was previously reported as an option for 20,000 shares of common stock at an exercise price of $40.44 per share, but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.
  4. 2007 Equity Incentive Plan. One half of the options vested on the first anniversary of the date of grant and the balance vested on a monthly basis over the 12 months succeeding such first anniversary.
  5. This option was previously reported as an option for 20,000 shares of common stock at an exercise price of $26.15 per share, but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.
  6. This option expires on December 11, 2018. A previous Form 4 filed on December 15, 2008 contained a clerical error reporting the incorrect expiration date for this option.
  7. This option was previously reported as an option for 20,000 shares of common stock at an exercise price of $35.24 per share, but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.
  8. This option was previously reported as an option for 20,000 shares of common stock at an exercise price of $33.12 per share, but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.