SEC Form 4 · accession 0000900075-16-000096
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Liaw
Officer — Chief Financial Officer
Period of report
Oct 10, 2016
Accepted (ET)
Oct 25, 2016 · 4:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000900075
Table I — non-derivative securities
No Table I lines on this filing.
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)F1,F2 | $54.20 | Oct 10, 2016 | A | 50,000 | A | — | Oct 10, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F12007 Equity Incentive Plan
- F2Twenty 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.