MEEKS JAMES E 4
4 · COPART INC · Filed Mar 21, 2025
Insider Transaction Report
Form 4
COPART INCCPRT
MEEKS JAMES E
Director
Transactions
- Exercise/Conversion
Stock Option
2025-03-19−100,000→ 0 totalExercise: $11.80Exp: 2025-12-17→ Common Stock (100,000 underlying) - Exercise/Conversion
Common Stock
2025-03-19$11.80/sh+100,000$1,179,750→ 100,000 total - Sale
Common Stock
2025-03-19$54.00/sh−100,000$5,400,000→ 0 total
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 $54.00 to $54.02, 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 $47.19 per share, but was adjusted to reflect the two separate 2-for-1 stock splits in the form of stock dividends declared by Copart on November 2, 2022 and October 21, 2023, respectively.
- [F4]Options vested on a monthly basis over the 12 months succeeding the grant date.