SEC Form 4 · accession 0000900075-16-000004
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A Styer
Officer — Sr VP, Secretary, Gen Csl
Period of report
Dec 31, 2015
Accepted (ET)
Jan 4, 2016 · 5:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000900075
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2015 | M | 11,628 | $17.195 | A | 106,700 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $17.195 | Dec 31, 2015 | M | 11,628 | D | — | Sep 28, 2017 | Common Stock | 11,628 | 88,372 | D |
Explanation of responses
- F1Includes 480 shares previously held though the reporting person's revocable trust which were transferred to the reporting person on September 3, 2015 and are now owned directly.
- F2The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant was September 28, 2007 and became fully vested on September 28, 2012.