FRANKLIN WILLIAM E 4
4 · COPART INC · Filed Feb 26, 2019
Insider Transaction Report
Form 4
COPART INCCPRT
FRANKLIN WILLIAM E
Chief Financial Officer
Transactions
- Sale
Common Stock
2019-02-22$58.44/sh−140,000$8,181,600→ 17,967 total - Exercise/Conversion
Common Stock
2019-02-22$10.28/sh+140,000$1,439,200→ 157,967 total - Exercise/Conversion
Employee Stock Option (right to buy)
2019-02-22$58.44/sh−140,000$8,181,600→ 100,000 totalExercise: $10.28Exp: 2021-03-24→ Common Stock (140,000 underlying)
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 $58.20 to $58.61, 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.