SEC Form 4 · accession 0000900075-17-000053
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 4, 2017
Accepted (ET)
Oct 6, 2017 · 4:13 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 StockF1 | holding | — | — | — | 954 | 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 | $34.78 | Oct 4, 2017 | A | 100,000 | A | — | Oct 4, 2027 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Includes 506 shares of Common Stock acquired under the Company's 1994 Employee Stock Purchase Plan on December 31, 2016 and 448 shares of Common Stock acquired under the Company's 1994 Employee Stock Purchase Plan on June 30,2107.
- F22007 Equity Incentive Plan. Twenty 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.