FISHER STEPHEN 4
4 · COPART INC · Filed Oct 11, 2023
Insider Transaction Report
Form 4
COPART INCCPRT
FISHER STEPHEN
Director
Transactions
- Exercise/Conversion
Common Stock
2023-10-09$36.41/sh+60,000$2,184,300→ 160,000 total - Exercise/Conversion
Stock Option (right to buy)
2023-10-09−100,000→ 0 totalExercise: $28.02Exp: 2027-12-04→ Common Stock (100,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2023-10-09−60,000→ 0 totalExercise: $36.41Exp: 2028-12-03→ Common Stock (60,000 underlying) - Exercise/Conversion
Common Stock
2023-10-09$28.02/sh+100,000$2,802,250→ 100,000 total - Sale
Common Stock
2023-10-09$45.69/sh−160,000$7,310,400→ 0 total
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.37 to $45.96, 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]This option was previously reported as an option for 25,000 shares of common stock at an exercise price of $112.09 per share, but was adjusted to reflect the separate 2-1 stock splits in the form of stock dividends made by Copart on November 3, 2022 and August 21, 2023, respectively.
- [F4]Options vest on a monthly basis over the 12 months succeeding the grant date.
- [F5]This option was previously reported as an option for 15,000 shares of common stock at an exercise price of $145.62 per share, but was adjusted to reflect the separate 2-1 stock splits in the form of stock dividends made by Copart on November 3, 2022 and August 21, 2023, respectively.