SEC Form 4 · accession 0000900075-17-000046
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Meeks
Director
Period of report
Sep 28, 2017
Accepted (ET)
Oct 2, 2017 · 3:33 pm EDT
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 Stock | Sep 28, 2017 | M | 3,500 | $17.81 | A | 3,500 | D | |
| Common StockF1 | Sep 28, 2017 | S | 3,500 | $34.5167 | D | 0 | D | |
| Common Stock | Sep 28, 2017 | M | 76,500 | $17.81 | A | 76,500 | D | |
| Common Stock | Sep 28, 2017 | M | 42,864 | $18.225 | A | 119,364 | D | |
| Common StockF2 | Sep 28, 2017 | S | 119,364 | $34.3193 | D | 0 | D | |
| Common Stock | Sep 29, 2017 | M | 37,136 | $18.225 | A | 37,136 | D | |
| Common StockF3 | Sep 29, 2017 | S | 37,136 | $34.328 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF4,F5 | $17.81 | Sep 28, 2017 | M | 3,500 | D | — | Dec 16, 2023 | Common Stock | 3,500 | 76,500 | D |
| Stock OptionF4,F5 | $17.81 | Sep 28, 2017 | M | 76,500 | D | — | Dec 16, 2023 | Common Stock | 76,500 | 0 | D |
| Stock OptionF6,F5 | $18.225 | Sep 28, 2017 | M | 42,864 | D | — | Dec 3, 2024 | Common Stock | 42,864 | 37,136 | D |
| Stock OptionF6,F5 | $18.225 | Sep 29, 2017 | M | 37,136 | D | — | Dec 3, 2024 | Common Stock | 37,136 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.50 to $34.57, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.25 to $34.35, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.28 to $34.38, 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.
- F4This option was previously reported as an option for 40,000 shares of common stock at an exercise price of $35.62 per share, but was adjusted to reflect the stock dividend declared by Copart on April 3, 2017.
- F52007 Equity Incentive Plan. One half of the options vested on the first anniversary of the date of grant and the balance vested on a monthly basis over the 12 months succeeding such first anniversary.
- F6This option was previously reported as an option for 40,000 shares of common stock at an exercise price of $36.45 per share, but was adjusted to reflect the stock dividend declared by Copart on April 3, 2017.