Statement of Changes in Beneficial Ownership (4)
June 08 2020 - 4:14PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
ADAIR A JAYSON |
2. Issuer Name and Ticker or Trading Symbol
COPART INC
[
CPRT
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Executive Officer |
(Last)
(First)
(Middle)
C/O COPART, INC. 14185 DALLAS PARKWAY, SUITE 300 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
6/4/2020 |
(Street)
DALLAS, TX 75254
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 6/4/2020 | | J | | 633770 | A(1) | $89.475 | 6122825 | I | A. Jayson Adair and Tammi L. Adair Revocable Trust (2) |
Common Stock | | | | | | | | 466230 | I | JTGJ Investments, LP (3) |
Common Stock | | | | | | | | 2000000 | I | JTGJ Investments II, LP (4) |
Common Stock | | | | | | | | 30528 | I | Irrevocable trust A (5) |
Common Stock | | | | | | | | 30528 | I | Irrevocable trust B (5) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | The shares were purchased by The A. Jayson Adair and Tammi L. Adair Revocable Trust from two separate grantor-retained annuity trusts in a private estate planning transaction that did not involve any open market purchase or sale of issuer securities. |
(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) | 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 are the 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. |
(4) | Reflects shares held by JTGJ Investments II, LP, a Texas limited partnership ("JTGJ II"), 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 are the limited partners. The reporting person disclaims beneficial ownership of the issuer's common stock held by JTGJ II 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. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
ADAIR A JAYSON C/O COPART, INC. 14185 DALLAS PARKWAY SUITE 300 DALLAS, TX 75254 | X |
| Chief Executive Officer |
|
Signatures
|
/s/ Gregory R. DePasquale, as attorney-in-fact | | 6/8/2020 |
**Signature of Reporting Person | Date |
Copart (NASDAQ:CPRT)
Historical Stock Chart
From Apr 2024 to May 2024
Copart (NASDAQ:CPRT)
Historical Stock Chart
From May 2023 to May 2024