Thomas N. Tryforos - Dec 8, 2021 Form 4 Insider Report for COPART INC (CPRT)

Role
Director
Signature
/s/ John North, as attorney-in-fact
Stock symbol
CPRT
Transactions as of
Dec 8, 2021
Transactions value $
-$9,463,343
Form type
4
Date filed
12/10/2021, 03:25 PM
Previous filing
Dec 9, 2021
Next filing
Dec 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRT Common Stock Options Exercise $861K +69K $12.48* 69K Dec 8, 2021 Direct
transaction CPRT Common Stock Sale -$10.3M -69K -100% $149.63 0 Dec 8, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPRT Stock Option (right to buy) Options Exercise $0 -69K -86.25% $0.00 11K Dec 8, 2021 Common Stock 69K $12.48 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.210 to $150.15, 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.
F2 2007 Equity Incentive Plan.
F3 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.