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Filing Details

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

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-03-13	68,333	$18.00	618,883	No	4	M	Direct
Common Stock	Disposition	2012-03-13	42,541	$52.75	576,342	No	4	F	Direct
Common Stock	Acquisiton	2012-03-13	92,927	$24.03	669,269	No	4	M	Direct
Common Stock	Disposition	2012-03-13	65,950	$52.75	603,319	No	4	F	Direct
Common Stock	Disposition	2012-03-14	30,000	$52.63	573,319	No	4	S	Direct
Common Stock	Disposition	2012-03-14	52,769	$52.72	520,550	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	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	2012-03-13	68,333	$0.00	68,333	$18.00
Common Stock	Employee Stock Option (right to buy)	Disposition	2012-03-13	92,927	$0.00	92,927	$24.03

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,667		2014-01-22	No	4	M	Direct
7,073		2015-10-04	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

Shares withheld by the issuer in payment of the aggregate option exercise price and withholding tax liability incurred upon the reported option exericse.
The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was January 22, 2004, and it became fully exercisable on January 22, 2009.
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.
On January 10, 2012, Copart, Inc., a Delaware corporation, became the successor of Copart, Inc., a California corporation, pursuant to a merger. The merger had the effect of changing Copart, Inc.'s domicile, but did not alter the proportionate interests of security holders.
The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was October 4, 2005, and it became fully exercisable on October 4, 2010.