SEC Form 4 · accession 0001179110-15-011157
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vikrant Bhatia
Officer — SVP Strategic Initiatives
Period of report
Jul 10, 2015
Accepted (ET)
Jul 13, 2015 · 5:33 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 StockF3 | Jul 10, 2015 | P | 5,500 | $35.4319 | A | 5,500 | 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 | $35.45 | Jul 10, 2015 | A | 80,000 | A | — | Jul 9, 2025 | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1(1) 2007 Equity Incentive Plan
- F2(2) Twenty percent (20%) of the options vest on the first anniversary of the date of grant and the balance vest on a monthly basis over the 48 months succeeding such first anniversary.
- F3The price shown in Column 4 is a weighted average sale price. The price range for the sale is $35.40 to $35.44. The average sale price is $35.43191. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.