FRANKLIN WILLIAM E 4
4 · COPART INC · Filed Jul 16, 2018
Insider Transaction Report
Form 4
COPART INCCPRT
FRANKLIN WILLIAM E
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2018-07-12$8.55/sh+90,000$769,950→ 107,462 total - Exercise/Conversion
Employee Stock Option (right to buy)
2018-07-12$8.55/sh−90,000$769,950→ 50,000 totalExercise: $8.55Exp: 2020-10-15→ Common Stock (90,000 underlying) - Sale
Common Stock
2018-07-12$58.94/sh−90,000$5,305,041→ 17,462 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.85 to $59.00, 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.
- [F2]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.