SEC Form 4 · accession 0001179110-15-011529
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Willis J Johnson
Officer — Chairman of the Board · Director · 10% Owner
Period of report
Aug 19, 2014
Accepted (ET)
Jul 24, 2015 · 6:04 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 StockF1 | Aug 19, 2014 | G | 927,719 | $0.00 | D | 1,440,328 | I | See footnote. |
| Common StockF1 | Jul 15, 2015 | G | 66,000 | $0.00 | D | 1,374,328 | I | See footnote. |
| Common Stock | Jul 22, 2015 | M | 200,000 | $12.015 | A | 200,000 | D | |
| Common Stock | Jul 22, 2015 | F | 118,760 | $36.08 | D | 81,240 | D | |
| Common StockF2 | holding | — | — | — | 7,395,645 | I | See footnote. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $12.015 | Jul 22, 2015 | M | 200,000 | A | Oct 4, 2010 | Oct 4, 2015 | Common Stock | 200,000 | 0 | D |
Explanation of responses
- F1Reflects shares held by the Reba Family Limited Partnership II, of which the reporting person and the reporting person's spouse are the general partners.
- F2Reflects shares held by the Willis J. Johnson and Reba J. Johnson Revocable Trust DTD 1/16/1997, of which the reporting person and the reporting person's spouse are trustees.