FRANKLIN WILLIAM E 4
4 · COPART INC · Filed Jun 13, 2018
Insider Transaction Report
Form 4
COPART INCCPRT
FRANKLIN WILLIAM E
Chief Financial Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2018-06-11−80,000→ 0 totalExercise: $8.19Exp: 2020-10-04→ Common Stock (80,000 underlying) - Exercise/Conversion
Common Stock
2018-06-11$8.19/sh+80,000$655,200→ 97,462 total - Exercise/Conversion
Common Stock
2018-06-11$8.55/sh+20,000$171,100→ 117,462 total - Sale
Common Stock
2018-06-11$57.52/sh−100,000$5,752,000→ 17,462 total - Exercise/Conversion
Employee Stock Option (right to buy)
2018-06-11−20,000→ 140,000 totalExercise: $8.55Exp: 2020-10-15→ Common Stock (20,000 underlying)
Footnotes (5)
- [F1]Includes 392 shares of Common Stock acquired under the Company's 1994 Employee Stock Purchase Plan on December 31, 2017.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.42 to $57.70, 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.
- [F3]This option was previously reported as an option for 40,000 shares of common stock at an exercise price of $16.38 per share, but was adjusted to reflect the stock dividend declared by Copart on April 3, 2017.
- [F4]2007 Equity Incentive Plan. Twenty percent (20%) of the options vested on the first anniversary of the date of grant and the balance vested on a monthly basis over the 48 months succeeding such first anniversary.
- [F5]This option was previously reported as an option for 80,000 shares of common stock at an exercise price of $17.11 per share, but was adjusted to reflect the stock dividend declared by Copart on April 3, 2017.