A. Jayson Adair - Jun 29, 2021 Form 4 Insider Report for COPART INC (CPRT)

Role
Chief Executive Officer, Director
Signature
/s/ Gregory R. DePasquale, as attorney-in-fact
Stock symbol
CPRT
Transactions as of
Jun 29, 2021
Transactions value $
-$39,954,000
Form type
4
Date filed
7/1/2021, 05:38 PM
Next filing
Jul 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRT Common Stock Sale -$40M -300K -5.15% $133.18 5.53M Jun 29, 2021 A. Jayson Adair and Tammi L. Adair Revocable Trust F1, F2
holding CPRT Common Stock 460K Jun 29, 2021 JTGJ Investments, LP F3
holding CPRT Common Stock 2M Jun 29, 2021 JTGJ Investments II, LP F4
holding CPRT Common Stock 30.5K Jun 29, 2021 Irrevocable trust A F5
holding CPRT Common Stock 30.5K Jun 29, 2021 Irrevocable trust B F5
holding CPRT Common Stock 95.4K Jun 29, 2021 2018 Willis and Reba Johnson Irrevocable Trust A, UAD 12/21/2018 F5
holding CPRT Common Stock 106K Jun 29, 2021 The 2018 Willis and Reba Johnson Irrevocable Trust B, UAD 12/21/2018 F5
* 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 $133.00 to $133.84, 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 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 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 were then the sole 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.
F4 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.
F5 Reflects shares held by an irrevocable trust for the benefit of a member of the reporting person's immediate family.