Filing Details
- Accession Number:
- 0001628280-23-023932
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-29 17:48:03
- Reporting Period:
- 2023-06-27
- Accepted Time:
- 2023-06-29 17:48:03
- 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 |
|---|---|---|---|---|---|---|---|
| 930249 | J Willis Johnson | C/O Copart, Inc 14185 Dallas Parkway Suite 300 Dallas TX 75254 | Chairman Of The Board | Yes | 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 | 2023-06-27 | 160,000 | $9.11 | 1,933,832 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-06-27 | 160,000 | $9.81 | 2,093,832 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-06-27 | 160,000 | $13.96 | 2,253,832 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-06-27 | 80,000 | $21.98 | 2,333,832 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-06-27 | 50,000 | $23.60 | 2,383,832 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-06-27 | 50,000 | $44.29 | 2,433,832 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-06-27 | 660,000 | $89.07 | 1,773,832 | 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 | 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 | 2023-06-27 | 160,000 | $0.00 | 160,000 | $9.11 |
| Common Stock | Stock Option | Disposition | 2023-06-27 | 160,000 | $0.00 | 160,000 | $9.81 |
| Common Stock | Stock Option | Disposition | 2023-06-27 | 160,000 | $0.00 | 160,000 | $13.96 |
| Common Stock | Stock Option | Disposition | 2023-06-27 | 80,000 | $0.00 | 80,000 | $21.98 |
| Common Stock | Stock Option | Disposition | 2023-06-27 | 50,000 | $0.00 | 50,000 | $23.60 |
| Common Stock | Stock Option | Disposition | 2023-06-27 | 50,000 | $0.00 | 50,000 | $44.29 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2024-12-03 | No | 4 | M | Direct | |
| 0 | 2025-12-02 | No | 4 | M | Direct | |
| 0 | 2026-12-16 | No | 4 | M | Direct | |
| 0 | 2027-12-08 | No | 4 | M | Direct | |
| 0 | 2025-12-17 | No | 4 | M | Direct | |
| 0 | 2026-12-06 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 24,993,518 | Indirect | Willis J. Johnson and Reba J. Johnson Revocable Trust DTD 1/16/1997 |
| Common Stock | 400,000 | Indirect | Willis J. Johnson and Reba J. Johnson Community Property |
| Common Stock | 769,102 | Indirect | Willis and Reba's Foundation |
Footnotes
- 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.
- 2007 Equity Incentive Plan
- 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.
- Options vest on a monthly basis over the 12 months succeeding the grant date.
Billionaire Hedge Funds
