0001628280-21-004555.txt : 20210311 0001628280-21-004555.hdr.sgml : 20210311 20210311162419 ACCESSION NUMBER: 0001628280-21-004555 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210309 FILED AS OF DATE: 20210311 DATE AS OF CHANGE: 20210311 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: North John F CENTRAL INDEX KEY: 0001506447 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-23255 FILM NUMBER: 21733617 MAIL ADDRESS: STREET 1: 150 N. BARTLETT STREET CITY: MEDFORD STATE: OR ZIP: 97501 ISSUER: 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: DE FISCAL YEAR END: 0731 BUSINESS ADDRESS: STREET 1: 14185 DALLAS PARKWAY STREET 2: SUITE 300 CITY: DALLAS STATE: TX ZIP: 75254 BUSINESS PHONE: 972-391-5000 MAIL ADDRESS: STREET 1: 14185 DALLAS PARKWAY STREET 2: SUITE 300 CITY: DALLAS STATE: TX ZIP: 75254 4 1 wf-form4_161549783997203.xml FORM 4 X0306 4 2021-03-09 0 0000900075 COPART INC CPRT 0001506447 North John F 14185 DALLAS PARKWAY SUITE 300 DALLAS TX 75254 0 1 0 0 Chief Financial Officer Stock Option 106.31 2021-03-09 4 A 0 50000 0 A 2031-03-09 Common Stock 50000.0 50000 D 2007 Equity Incentive Plan. Twenty percent (20%) of the options vest on the first anniversary of the grant date and the balance vests on a monthly basis over the 48 months succeeding such first anniversary. Separate and apart from the time-based vesting schedule, the options are also subject to performance based vesting, such that no options will be exercisable unless and until the stock price in trading of Copart, Inc. on the NASDAQ Global Select Market is greater than or equal to $132.89 (which is an amount equivalent to 125% of the exercise price of the option) at the time of exercise. /s/ Jeffrey Liaw, President and CEO North America 2021-03-11