Form 4 for CPRT Copart
Accepted 2024-02-28 00:00:00 ET · period of report 2024-02-26 · accession 0001628280-24-007656 · 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 | 2024-02-28 | 2024-02-26 | CPRT | Blunt Matt | Dir | M - OptEx | $25.09 | +100.0K | 100.0K | New | +$2.51M |
| D | 2024-02-28 | 2024-02-26 | CPRT | Blunt Matt | Dir | S - Sale+OE | $51.06 | -100.0K | 0 | -100% | -$5.11M |
| DM | 2024-02-28 | 2024-02-26 | CPRT | Blunt Matt | Dir | M - OptEx | $0.00 | -100.0K | 50.0K | -67% | $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 | 2024-02-26 | M | A | 50,000 | $22.15 | 50,000 | D | — | — | |
| 2 | Common | Common Stock | 2024-02-26 | M | A | 50,000 | $28.02 | 100,000 | D | — | — | |
| 3 | Common | Common Stock | 2024-02-26 | S | D | 100,000 | $51.06 | 0 | D | — | — | |
| 4 | Derivative | Stock Option (right to buy) | 2024-02-26 | M | D | 50,000 | $0.00 | 0 | D | $22.15 · — to 2026-12-06 | 50,000 Common Stock | (F2) 2007 Equity Incentive Plan. (F1) This option was previously reported as an option for 25,000 shares of common stock at an exercise price of $88.60 per share, but was adjusted to reflect the separate 2-1 stock splits in the form of stock dividends made by Copart on November 3, 2022 and August 21, 2023, respectively. (F3) Options vest on a monthly basis over the 12 months succeeding the grant date. |
| 5 | Derivative | Stock Option (right to buy) | 2024-02-26 | M | D | 50,000 | $0.00 | 50,000 | D | $28.02 · — to 2027-12-04 | 50,000 Common Stock | (F4) This option was previously reported as an option for 25,000 shares of common stock at an exercise price of 112.09 per share, but was adjusted to reflect the separate 2-1 stock splits in the form of stock dividends made by Copart on November 3, 2022 and August 21, 2023, respectively. (F2) 2007 Equity Incentive Plan. (F3) Options vest on a monthly basis over the 12 months succeeding the grant date. |