Filing Details

Accession Number:
0000900075-16-000072
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-26 17:11:55
Reporting Period:
2016-09-22
Filing Date:
2016-09-26
Accepted Time:
2016-09-26 17:11:55
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
1245640 E William Franklin C/O Copart, Inc. 14185 Dallas Parkway
Suite 300
Dallas TX 75254
Executive Vice President No Yes 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 2016-09-22 100,000 $17.20 105,026 No 4 M Direct
Common Stock Disposition 2016-09-22 100,000 $52.95 8,058 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Employee Stock Option (right to buy) Disposition 2016-09-22 100,000 $0.00 100,000 $17.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2017-09-28 No 4 M Direct
Footnotes
  1. The total number of shares has been adjusted down by a gift of 5,705 shares to charities in December 2012, which were not previously reported.
  2. Includes 516 shares of Common Stock on December 31, 2012; 410 shares of Common Stock on June 30, 2013; 399 shares of Common Stock on December 31, 2013; 341 Shares of Common Stock on June 30, 2014; 344 shares of Common Stock on December 31, 2013; 341 shares of common stock on June 30, 2015; 350 shares of Common Stock on December 31, 2015; and 331 shares of Common stock on June 30, 2016; acquired under the company's 1994 Employee Stock Purchase Plan.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.84 to $53.09, 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.
  4. This option was previously reported as an option for 50,000 shares of common stock at an exercise price of $34.39 per share, but was adjusted to reflect the stock dividend declared by Copart on March 8, 2012.
  5. Issued pursuant to the 2001 Stock Option Plan. Twenty percent (20%) of the options vested on the first anniversary of the date of grant and the balance vested on a monthly basis over the remaining 48 months succeeding such first anniversary.