SEC Form 4 · accession 0000900075-17-000064
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt Blunt
Director
Period of report
Nov 27, 2017
Accepted (ET)
Nov 29, 2017 · 4:20 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 Stock | Nov 27, 2017 | M | 40,000 | $18.225 | A | 40,000 | D | |
| Common Stock | Nov 27, 2017 | M | 48,462 | $19.625 | A | 88,462 | D | |
| Common Stock | Nov 27, 2017 | S | 37,820 | $41.9759 | D | 50,642 | D | |
| Common Stock | Nov 27, 2017 | S | 14,664 | $42.0099 | D | 35,978 | D | |
| Common Stock | Nov 27, 2017 | S | 35,978 | $42.0389 | D | 0 | D | |
| Common Stock | Nov 28, 2017 | M | 28,205 | $19.625 | A | 28,205 | D | |
| Common Stock | Nov 28, 2017 | S | 28,205 | $41.8135 | 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 OptionF1,F2 | $18.225 | Nov 27, 2017 | M | 40,000 | D | — | Dec 3, 2024 | Common Stock | 40,000 | 0 | D |
| Stock OptionF3,F2 | $19.625 | Nov 27, 2017 | M | 48,462 | D | — | Dec 2, 2025 | Common Stock | 48,462 | 31,538 | D |
| Stock OptionF3,F2 | $19.625 | Nov 28, 2017 | M | 28,205 | D | — | Dec 2, 2025 | Common Stock | 28,205 | 3,333 | D |
Explanation of responses
- F1This option was previously reported as an option for 20,000 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.
- F22007 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.
- F3This option was previously reported as an option for 40,000 shares of common stock at an exercise price of $39.25 per share, but was adjusted to reflect the stock dividend declared by Copart on April 3, 2017.