SEC Form 4 · accession 0000900075-16-000130
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
A Jayson Adair
Officer — Chief Executive Officer · Director
Period of report
Dec 16, 2016
Accepted (ET)
Dec 20, 2016 · 4:28 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 16, 2016 | G | 275,000 | $0.00 | D | 3,710,083 | I | A. Jayson Adair and Tammi L. Adair Revocable Trust |
| Common StockF2 | holding | — | — | — | 550,000 | I | JTGJ Investment, LP | |
| Common StockF3 | holding | — | — | — | 12,486 | I | Irrevocable trust A | |
| Common StockF3 | holding | — | — | — | 12,348 | I | Irrevocable trust B |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects Shares held by A. Jayson Adair and Tammi L. Adair Revocable Trust, of which the reporting person and the reporting person's spouse are trustees.
- F2Reflects shares held by JTGJ Investments, LP, a Texas limited partnership("JTGJ"), of which (a) Adair Ventures, LLC is the general partner, of which the reporting person and the reporting person's wife are the members, and (b) the reporting person and the reporting person's wife were then the sole limited partners as of fiscal year end 2014, 2015 and 2016. The reporting person disclaims beneficial ownership of the issuer's common stock held by JTGJ except to the extent of his pecuniary interest, if any, therein.
- F3Reflects shares held by an irrevocable trust for the benefit of a member of the reporting person's immediate family as of fiscal year end 2013, 2014, 2015 and 2016.