SEC Form 4 · accession 0000900075-18-000020
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt Blunt
Director
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 4:54 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 | Mar 12, 2018 | M | 3,333 | $19.625 | A | 3,333 | D | |
| Common Stock | Mar 12, 2018 | M | 10,000 | $27.925 | A | 13,333 | D | |
| Common Stock | Mar 12, 2018 | S | 13,333 | $50.7404 | 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 | $19.625 | Mar 12, 2018 | M | 3,333 | D | — | Dec 2, 2025 | Common Stock | 3,333 | 0 | D |
| Stock OptionF3,F2 | $27.925 | Mar 12, 2018 | M | 10,000 | D | — | Dec 16, 2026 | Common Stock | 10,000 | 70,000 | D |
Explanation of responses
- F1This option was previously reported as an option for 1,667 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.
- 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 $55.85 per share, but was adjusted to reflect the stock dividend declared by Copart on April 3, 2017.