Stephen Fisher - 23 May 2023 Form 4 Insider Report for COPART INC (CPRT)

Role
Director
Signature
/s/ Paul K. Kirkpatrick, attorney-in-fact
Issuer symbol
CPRT
Transactions as of
23 May 2023
Net transactions value
-$4,353,026
Form type
4
Filing time
24 May 2023, 16:26:20 UTC
Previous filing
17 Feb 2023
Next filing
11 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRT Common Stock Options Exercise $1,938,000 +50,000 $38.76 50,000 23 May 2023 Direct
transaction CPRT Common Stock Sale $2,440,121 -27,967 -56% $87.25 22,033 23 May 2023 Direct F1
transaction CPRT Common Stock Sale $1,912,905 -22,033 -100% $86.82 0 23 May 2023 Direct F2

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 Options Exercise $1,938,000 -50,000 -50% $38.76 50,000 23 May 2023 Common Stock 50,000 $38.76 Direct 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 $87.75 to $86.75, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.45 to $86.73, 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.
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.