SEC Form 4 · accession 0001179110-15-004906
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A Styer
Officer — Sr VP, Secretary, Gen Csl
Period of report
Mar 12, 2015
Accepted (ET)
Mar 16, 2015 · 11:47 am 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 StockF2 | Mar 12, 2015 | M | 64,356 | $37.32 | A | 117,271 | D | |
| Common Stock | Mar 12, 2015 | F | 35,665 | $37.32 | D | 81,606 | 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)F1 | $12.015 | Mar 12, 2015 | M | 64,356 | D | — | Oct 4, 2015 | Common Stock | 64,356 | 12,644 | D |
Explanation of responses
- F1The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was October 4, 2005 and it became fully vested on October 4, 2010.
- F2Includes 341 shares of Common Stock acquired under the Company's 1994 Employee Stock Purchase Pland on June 30, 2014 and 344 shares of Common Stock acquired under the Company's 2014 Employee Stock Purchase Plan on December 31, 2014.