4//SEC Filing
Vannuccini Robert H. 4
Accession 0001179110-12-018209
CIK 0000900075other
Filed
Dec 25, 7:00 PM ET
Accepted
Dec 26, 10:57 AM ET
Size
9.8 KB
Accession
0001179110-12-018209
Insider Transaction Report
Form 4
COPART INCCPRT
Vannuccini Robert H.
Senior Vice President, Marketi
Transactions
- Exercise/Conversion
Common Stock
2012-12-20$17.20/sh+100,000$1,719,500→ 101,482 total - Sale
Common Stock
2012-12-20$30.32/sh−100,000$3,031,990→ 1,482 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-12-20−100,000→ 0 totalExercise: $17.20Exp: 2017-09-28→ Common Stock (100,000 underlying)
Footnotes (5)
- [F1]The transaction on this Form 4 consists of the exercise of a stock option to purchase 50,000 shares of Common Stock granted under the 2001 Stock Option Plan (as adjusted to 100,000 shares of Common Stock in respect of the stock dividend described in footnote 3) and the sale of all of the shares of Common Stock the reporting person purchased through the exercise of such stock option. These shares that were issued upon the exercise of an option (described in Table II) were immediately used to cover sales (described in Table I).
- [F2]On March 8, 2012, Copart declared a stock dividend, payable to all holders of record of common stock on March 23, 2012, of one share of common stock for each share of common stock outstanding. At the same time,pursuant to anti-dilution provisions of Copart's equity incentive plan an option for 50,000 shares of common stock held by the reporting person on March 23, 2012 became exercisable for 100,000 shares of common stock,
- [F3]The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was September 28, 2007, and it became fully exercisable on September 28, 2012.
- [F4]Includes 1,482 shares of Common Stock acquired under the Company's 1994 Employee Stock Purchase Plan.
- [F5]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $30.27 to $30.33. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Documents
Issuer
COPART INC
CIK 0000900075
Entity typeother
Related Parties
1- filerCIK 0001408099
Filing Metadata
- Form type
- 4
- Filed
- Dec 25, 7:00 PM ET
- Accepted
- Dec 26, 10:57 AM ET
- Size
- 9.8 KB