Form 4 for CPRT Copart
Accepted 2023-06-29 00:00:00 ET · period of report 2023-06-27 · accession 0001628280-23-023932 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-29 | 2023-06-27 | CPRT | JOHNSON WILLIS J | COB, Dir | M - OptEx | $15.78 | +660.0K | 2.33M | +39% | +$10.41M |
| D | 2023-06-29 | 2023-06-27 | CPRT | JOHNSON WILLIS J | COB, Dir | S - Sale+OE | $89.07 | -660.0K | 1.77M | -27% | -$58.79M |
| DM | 2023-06-29 | 2023-06-27 | CPRT | JOHNSON WILLIS J | COB, Dir | M - OptEx | $0.00 | -660.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-06-27 | M | A | 50,000 | $23.60 | 2,383,832 | D | — | — | |
| 2 | Common | Common Stock | 2023-06-27 | M | A | 160,000 | $9.11 | 1,933,832 | D | — | — | |
| 3 | Common | Common Stock | 2023-06-27 | M | A | 160,000 | $9.81 | 2,093,832 | D | — | — | |
| 4 | Common | Common Stock | 2023-06-27 | M | A | 160,000 | $13.96 | 2,253,832 | D | — | — | |
| 5 | Common | Common Stock | 2023-06-27 | S | D | 660,000 | $89.07 | 1,773,832 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.87 to $89.22, inclusive. The reporting person undertakes to provide to Copart, Inc., any security holder of Copart, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. |
| 6 | Common | Common Stock | 2023-06-27 | M | A | 50,000 | $44.29 | 2,433,832 | D | — | — | |
| 7 | Common | Common Stock | 2023-06-27 | M | A | 80,000 | $21.98 | 2,333,832 | D | — | — | |
| 8 | Derivative | Stock Option | 2023-06-27 | M | D | 80,000 | $0.00 | 0 | D | $21.98 · — to 2027-12-08 | 80,000 Common Stock | (F2) 2007 Equity Incentive Plan (F3) One half of the options vest on the first anniversary of the date of grant and the balance vests on a monthly basis over the 12 months succeeding such first anniversary. |
| 9 | Derivative | Stock Option | 2023-06-27 | M | D | 50,000 | $0.00 | 0 | D | $23.60 · — to 2025-12-17 | 50,000 Common Stock | (F4) Options vest on a monthly basis over the 12 months succeeding the grant date. |
| 10 | Derivative | Stock Option | 2023-06-27 | M | D | 160,000 | $0.00 | 0 | D | $13.96 · — to 2026-12-16 | 160,000 Common Stock | (F2) 2007 Equity Incentive Plan (F3) One half of the options vest on the first anniversary of the date of grant and the balance vests on a monthly basis over the 12 months succeeding such first anniversary. |
| 11 | Derivative | Stock Option | 2023-06-27 | M | D | 160,000 | $0.00 | 0 | D | $9.81 · — to 2025-12-02 | 160,000 Common Stock | (F2) 2007 Equity Incentive Plan (F3) One half of the options vest on the first anniversary of the date of grant and the balance vests on a monthly basis over the 12 months succeeding such first anniversary. |
| 12 | Derivative | Stock Option (right to buy) | 2023-06-27 | M | D | 160,000 | $0.00 | 0 | D | $9.11 · — to 2024-12-03 | 160,000 Common Stock | (F2) 2007 Equity Incentive Plan (F3) One half of the options vest on the first anniversary of the date of grant and the balance vests on a monthly basis over the 12 months succeeding such first anniversary. |
| 13 | Derivative | Stock Option | 2023-06-27 | M | D | 50,000 | $0.00 | 0 | D | $44.29 · — to 2026-12-06 | 50,000 Common Stock | (F4) Options vest on a monthly basis over the 12 months succeeding the grant date. |