A. Jayson Adair - Jan 3, 2024 Form 4 Insider Report for COPART INC (CPRT)

Role
Executive Chairman, Director
Signature
/s/ Paul K. Kirkpatrick, attorney-in-fact
Stock symbol
CPRT
Transactions as of
Jan 3, 2024
Transactions value $
-$34,662,000
Form type
4
Date filed
4/1/2024, 05:49 PM
Previous filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction CPRT Common Stock -Gift $0 -21,200 -6.67% $0.00 296,800 Jan 3, 2024 2018 Willis and Reba Johnson Irrevocable Trust A, UAD 12/21/2018 F1
transaction CPRT Common Stock -Gift $0 -21,200 -7.14% $0.00 275,600 Jan 3, 2024 2018 Willis and Reba Johnson Irrevocable Trust A, UAD 12/21/2018 F1
transaction CPRT Common Stock -Gift $0 -6,080 -0.03% $0.00 20,287,980 Jan 5, 2024 A. Jayson Adair and Tammi L. Adair Revocable Trust F2
transaction CPRT Common Stock -Sell -$34,662,000 -600,000 -2.96% $57.77 19,687,980 Mar 28, 2024 A. Jayson Adair and Tammi L. Adair Revocable Trust F2, F3
holding CPRT Common Stock 1,839,312 Jan 3, 2024 JTGJ Investments, LP F4
holding CPRT Common Stock 8,000,000 Jan 3, 2024 JTGJ Investments II, LP F5
holding CPRT Common Stock 1,920,000 Jan 3, 2024 The Adair Foundation

Explanation of Responses:

Id Content
F1 Reflects shares held by an irrevocable trust for the benefit of a member of the reporting person's immediate family.
F2 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.75 to $57.92, 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.
F4 Reflects shares held by JTGJ Investments, LP, a Texas limited partnership ("JTGJ"), of which (a) Adair Ventures, LLC is the general partner, of which the reporting person and the reporting person's wife are the members, and (b) the reporting person and the reporting person's wife are the limited partners. The reporting person disclaims beneficial ownership of the issuer's common stock held by JTGJ except to the extent of his pecuniary interest, if any, therein.
F5 Reflects shares held by JTGJ Investments II, LP, a Texas limited partnership ("JTGJ II"), of which (a) Adair Ventures, LLC is the general partner, of which the reporting person and the reporting person's wife are the members, and (b) the reporting person and the reporting person's wife were then the sole limited partners. The reporting person disclaims beneficial ownership of the issuer's common stock held by JTGJ II except to the extent of his pecuniary interest, if any, therein.