Filing Details

Accession Number:
0000900075-16-000073
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-26 17:12:55
Reporting Period:
2016-09-22
Filing Date:
2016-09-26
Accepted Time:
2016-09-26 17:12:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
900075 Copart Inc CPRT Retail-Auto Dealers & Gasoline Stations (5500) 942867490
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1239685 Jayson A Adair C/O Copart, Inc. 14185 Dallas Parkway
Suite 300
Dallas TX 75254
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-09-22 84,967 $53.39 4,100,116 No 4 S Indirect A. Jayson Adair and Tammi L. Adair Revocable Trust
Common Stock Disposition 2016-09-23 115,033 $53.78 3,985,083 No 4 S Indirect A. Jayson Adair and Tammi L. Adair Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect A. Jayson Adair and Tammi L. Adair Revocable Trust
No 4 S Indirect A. Jayson Adair and Tammi L. Adair Revocable Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 550,000 Indirect JTGJ Investment, LP
Common Stock 11,166 Indirect Irrevocable trust A
Common Stock 11,028 Indirect Irrevocable trust B
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.00 to $53.95, 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.
  2. Reflects Shares held by A. Jayson Adair and Tammi L. Adair Revocable Trust, of which the reporting person and the reporting person's spouse are trustees.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.36 to $54.12, 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.
  4. Reflects shares held by JTGJ Investments, LP, a Texas limited partnership("JTGJ"), of which (a) Adair Ventures, LLC is the general partner, of which the reporting person and the reporting person's wife are the members, and (b) the reporting person and the reporting person's wife were then the sole limited partners. The reporting person disclaims beneficial ownership of the issuer's common stock held by JTGJ except to the extent of his pecuniary interest, if any, therein.
  5. Reflects shares held by an irrevocable trust for the benefit of a member of the reporting person's immediate family.