SEC Form 4 · accession 0000900075-16-000010
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Englander
Director
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 1:26 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 | Jan 4, 2016 | M | 40,000 | $20.22 | A | 257,640 | D | |
| Common StockF1 | Jan 4, 2016 | F | 21,470 | $37.67 | D | 236,170 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $20.22 | Jan 4, 2016 | M | 40,000 | D | — | Dec 6, 2017 | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1Reflects 199,900 shares held by Ursula Capital Partners, for which the reporting person is the sole general partner.
- F2The option vested 50% after the first year, and thereafter monthly, ratably, over the remaining 12 month vesting term. The option grant was December 6, 2007 and became fully vested on December 6, 2009.