SEC Form 4 · accession 0001179110-15-011158
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William E Franklin
Officer — Executive Vice President
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
No Table I lines on this filing.
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 | 100,000 | A | — | Jul 9, 2025 | Common Stock | 100,000 | 100,000 | 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.