Blunt Matt's Form 4/A amendment
AmendedCopart Inc (CPRT) · filed Oct 12, 2023
- Accession no.
- 0001628280-23-034270
- Filed
- Oct 12, 2023
- Trade date
- Oct 3, 2023
- Filing delay
- 9 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Oct 5, 2023
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $2.16M. It was filed 9 days after the trade.
This amendment replaces 0001628280-23-033974 (filed Oct 5, 2023).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Blunt MattCIK 0001453131 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 3, 2023 | Common Stock | MOption exerciseAcquired | +50,000 | $22.15 | +$1,107,500 | 50,000 | Direct | |
| Oct 3, 2023 | Common Stock | SSaleDisposed | −50,000 | $43.11F3 | −$2,155,500 | 0 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 3, 2023 | Common Stock | MOption exerciseDisposed | −50,000 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
In the initial Form 4 filed on October 5, 2023, the number of options exercised was incorrectly listed as 49,435 options, which is being corrected in this Form 4/A as 50,000 options.
- F2
In the initial Form 4 filed on October 5, 2023, the number of shares sold was incorrectly listed as 49,435 shares, which is being corrected in this Form 4/A as 50,000 shares sold.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.10 to $43.41, 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.
Referenced by the price of 1 transaction in Table I.
- F4
This option was previously reported as an option for 25,000 shares of common stock at an exercise price of $88.60 per share, but was adjusted to reflect the separate 2-1 stock splits in the form of stock dividends made by Copart on November 3, 2022 and August 21, 2023, respectively.
- F5
2007 Equity Incentive Plan.
- F6
This Form 4/A amends the number of stock options exercised by the reporting person on October 3, 2023 by 562 additional options.
- F7
Options vest on a monthly basis over the 12 months succeeding the grant date.