Steven D. Cohan - May 30, 2023 Form 4 Insider Report for COPART INC (CPRT)

Role
Director
Signature
/s/ Paul K. Kirkpatrick, attorney-in-fact
Stock symbol
CPRT
Transactions as of
May 30, 2023
Transactions value $
-$5,331,200
Form type
4
Date filed
6/1/2023, 04:50 PM
Previous filing
Dec 13, 2022
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRT Common Stock Options Exercise $1.76M +80K $21.98 80K May 30, 2023 Direct
transaction CPRT Common Stock Sale -$7.09M -80K -100% $88.62 0 May 30, 2023 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 Options Exercise $0 -80K -100% $0.00* 0 May 30, 2023 Common Stock 80K $21.98 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 $88.60 to $88.68, 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 vest on the first anniversary of the date of grant and the balance vests on a monthly basis over the 12 months succeeding such first anniversary.