Thomas N. Tryforos - May 31, 2022 Form 4 Insider Report for COPART INC (CPRT)

Role: Director
Signature: /s/ John North, as attorney-in-fact
Stock symbol: CPRT
Transactions as of: May 31, 2022
Transactions value $: -$1,124,607
Form type: 4
Date filed: 6/2/2022, 03:15 PM
Previous filing: Dec 10, 2021
Next filing: Dec 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPRT	Common Stock	Options Exercise	$137K	+11K		$12.48^*	11K	May 31, 2022	Direct
transaction	CPRT	Common Stock	Sale	-$1.26M	-11K	-100%	$114.72	0	May 31, 2022	Direct

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	-11K	-100%	$0.00^*	0	May 31, 2022	Common Stock	11K	$12.48	Direct	F1, F2

* 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 $113.83 to $116.05, 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. 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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.83 to $116.05, 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 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.