Jeffrey Liaw - Jul 6, 2021 Form 4 Insider Report for COPART INC (CPRT)

Role
President & CEO North America
Signature
/s/ Jeffrey Liaw President and CEO North America
Stock symbol
CPRT
Transactions as of
Jul 6, 2021
Transactions value $
-$1,053,053
Form type
4
Date filed
7/8/2021, 07:59 AM
Previous filing
Jul 7, 2021
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRT Common Stock Options Exercise $429K +15.8K $27.10 15.8K Jul 6, 2021 Direct
transaction CPRT Common Stock Options Exercise $41.2K +1.52K +9.61% $27.10 17.3K Jul 6, 2021 Direct
transaction CPRT Common Stock Options Exercise $81.4K +4.32K +24.92% $18.84* 21.7K Jul 6, 2021 Direct
transaction CPRT Common Stock Sale -$2.16M -15.8K -73.03% $136.29 5.84K Jul 6, 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 Employee Stock Option (right to buy) Options Exercise $429K +15.8K $27.10 8.19K Jul 6, 2021 Common Stock 15.8K $27.10 Direct F2, F3
transaction CPRT Employee Stock Option (right to buy) Options Exercise $41.2K +1.52K +29.54% $27.10 6.67K Jul 6, 2021 Common Stock 1.52K $27.10 Direct F2, F3
transaction CPRT Stock Option Options Exercise $81.4K +4.32K $18.84* 0 Jul 6, 2021 Common Stock 4.32K $18.84 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 $136.11 to $136.46, 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 2007 Equity Incentive Plan. Twenty percent (20%) of the options vest on the first anniversary of the grant date and the balance vests on a monthly basis over the 48 months succeeding such first anniversary.