-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, R30DgArjkuXoRpiYqbpYvFKMR4tGcZ/NXOFptVhNjJ+KgRbtbv2DkmZEm+muaT1s fu95SBQccUGJ3edyqNRnSg== 0001104659-06-083271.txt : 20061221 0001104659-06-083271.hdr.sgml : 20061221 20061221160930 ACCESSION NUMBER: 0001104659-06-083271 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061220 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20061221 DATE AS OF CHANGE: 20061221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COPART INC CENTRAL INDEX KEY: 0000900075 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 942867490 STATE OF INCORPORATION: CA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23255 FILM NUMBER: 061293402 BUSINESS ADDRESS: STREET 1: 4665 BUSINESS CENTER DRIVE CITY: FAIRFIELD STATE: CA ZIP: 94534 BUSINESS PHONE: 7076395000 MAIL ADDRESS: STREET 1: 4665 BUSINESS CENTER DRIVE CITY: FAIRFIELD STATE: CA ZIP: 94534 8-K 1 a06-26274_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

December 20, 2006

Copart, Inc.

(Exact name of registrant as specified in its charter)

California

 

0-23255

 

94-2867490

(State or Other Jurisdiction of
Incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

4665 Business Center Drive

Fairfield, California 94534

(Address of Principal Executive Offices, including Zip Code)

(707) 639-5000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Section 5 – Corporate Governance and Management

Item 5.02     Departure of Directors or Principal Officers; Election of Officers; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

As previously announced, on October 10, 2006, Jonathan Vannini, a director of Copart, Inc. (the “Company”), informed the Company’s Chief Executive Officer that he would retire as a member of the Board of Directors following the Company’s annual meeting of shareholders for its fiscal year ended July 31, 2006.  The annual meeting was held on December 18, 2006, and Mr. Vannini has now retired as a director.  Mr. Vannini served as a director since 1993, and the Company would like to thank him for his long and valuable service to the Company.

In connection with Mr. Vannini’s retirement, the Company’s Compensation Committee (as constituted after Mr. Vannini’s retirement) approved a one-time cash bonus payment to Mr. Vannini of $100,000 in recognition of Mr. Vannini’s long tenure and service.  The bonus payment was also approved by the Company’s Audit Committee (as constituted after Mr. Vannini’s retirement) and ratified by the full Board of Directors.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Copart, Inc.

 

 

 

 

 

 

By:

/s/ Paul A. Styer

 

 

 

 

Paul A. Styer

 

 

 

Senior Vice President, General Counsel, and
Secretary

 

Date:  December 20, 2006

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