JOHNSON WILLIS J 4

4 · COPART INC · Filed Jun 29, 2023

Form 4

Period: 2023-06-27

DirectorChief Executive Officer10% Owner

Transactions

Exercise/Conversion
Common Stock
2023-06-27$13.96/sh+160,000$2,233,600→ 2,253,832 total
Sale
Common Stock
2023-06-27$89.07/sh−660,000$58,786,200→ 1,773,832 total
Exercise/Conversion
Stock Option
2023-06-27−80,000→ 0 total
Exercise: $21.98Exp: 2027-12-08→ Common Stock (80,000 underlying)
Exercise/Conversion
Common Stock
2023-06-27$23.60/sh+50,000$1,180,000→ 2,383,832 total
Exercise/Conversion
Common Stock
2023-06-27$44.29/sh+50,000$2,214,500→ 2,433,832 total
Exercise/Conversion
Stock Option
2023-06-27−160,000→ 0 total
Exercise: $9.81Exp: 2025-12-02→ Common Stock (160,000 underlying)
Exercise/Conversion
Common Stock
2023-06-27$9.81/sh+160,000$1,569,600→ 2,093,832 total
Exercise/Conversion
Common Stock
2023-06-27$21.98/sh+80,000$1,758,400→ 2,333,832 total
Exercise/Conversion
Stock Option
2023-06-27−160,000→ 0 total
Exercise: $13.96Exp: 2026-12-16→ Common Stock (160,000 underlying)
Exercise/Conversion
Stock Option
2023-06-27−50,000→ 0 total
Exercise: $44.29Exp: 2026-12-06→ Common Stock (50,000 underlying)
Exercise/Conversion
Common Stock
2023-06-27$9.11/sh+160,000$1,457,600→ 1,933,832 total
Exercise/Conversion
Stock Option (right to buy)
2023-06-27−160,000→ 0 total
Exercise: $9.11Exp: 2024-12-03→ Common Stock (160,000 underlying)
Exercise/Conversion
Stock Option
2023-06-27−50,000→ 0 total
Exercise: $23.60Exp: 2025-12-17→ Common Stock (50,000 underlying)

Holdings

Common Stock
(indirect: By Trust)
24,993,518
Common Stock
(indirect: Willis J. Johnson and Reba J. Johnson Community Property)
400,000
Common Stock
(indirect: By Foundation)
769,102

Footnotes (4)

[F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.87 to $89.22, 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
[F3]One half of the options vest on the first anniversary of the date of grant and the balance vests on a monthly basis over the 12 months succeeding such first anniversary.
[F4]Options vest on a monthly basis over the 12 months succeeding the grant date.

Documents

1 file