<SEC-DOCUMENT>0001145443-11-000918.txt : 20110909
<SEC-HEADER>0001145443-11-000918.hdr.sgml : 20110909
<ACCEPTANCE-DATETIME>20110909140346
ACCESSION NUMBER:		0001145443-11-000918
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110908
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20110909
DATE AS OF CHANGE:		20110909

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:		111083066

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d28632_8k.htm
<DESCRIPTION>8-K
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
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<TITLE>_</TITLE>
<META NAME="date" CONTENT="09/08/2011">
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<P style="margin:0px"><BR>
<BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=144></TD><TD width=64></TD><TD width=208></TD><TD width=64></TD><TD width=144></TD></TR>
<TR><TD style="border-top:3px double #000000" valign=top width=624 colspan=5><P style="line-height:19pt; margin-top:9.467px; margin-bottom:0px; font-size:17pt" align=center><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></P>
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<TR><TD valign=top width=624 colspan=5><P style="line-height:13pt; margin:0px; font-size:11pt" align=center><B>Washington, D.C. 20549</B></P>
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<TR><TD valign=top width=624 colspan=5><P style="line-height:19pt; margin-top:68px; margin-bottom:0px; font-size:17pt" align=center><B>FORM 8-K</B></P>
</TD></TR>
<TR><TD valign=top width=624 colspan=5><P style="line-height:15pt; margin-top:17.333px; margin-bottom:0px; font-size:13pt" align=center><B>CURRENT REPORT</B></P>
</TD></TR>
<TR><TD valign=top width=624 colspan=5><P style="line-height:15pt; margin:0px; font-size:13pt" align=center><B>Pursuant to Section&nbsp;13 or 15(d) of<BR>
the Securities Exchange Act of 1934</B></P>
</TD></TR>
<TR><TD valign=bottom width=144><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=336 colspan=3><P style="line-height:13pt; margin-top:36.667px; margin-bottom:0px; font-size:11pt" align=center><B>September 8, 2011</B></P>
</TD><TD valign=bottom width=144><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=624 colspan=5><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><B>Date of Report (date of earliest event reported)</B></P>
</TD></TR>
<TR><TD valign=top width=624 colspan=5><P style="line-height:19pt; margin-top:79.333px; margin-bottom:0px; padding-bottom:4px; font-size:17pt; border-bottom:1px solid #000000" align=center><B>Copart, Inc.</B></P>
</TD></TR>
<TR><TD valign=top width=624 colspan=5><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><B>(Exact name of registrant as specified in its charter)</B></P>
</TD></TR>
<TR><TD valign=top width=208 colspan=2><P style="line-height:13pt; margin-top:34.2px; margin-bottom:0px; padding-bottom:4px; font-size:11pt; border-bottom:1px solid #000000" align=center><B>California</B></P>
</TD><TD valign=top width=208><P style="line-height:13pt; margin-top:34.2px; margin-bottom:0px; padding-bottom:4px; font-size:11pt; border-bottom:1px solid #000000" align=center><B>0-23255</B></P>
</TD><TD valign=top width=208 colspan=2><P style="line-height:13pt; margin-top:34.2px; margin-bottom:0px; padding-bottom:4px; font-size:11pt; border-bottom:1px solid #000000" align=center><B>94-2867490</B></P>
</TD></TR>
<TR><TD valign=top width=208 colspan=2><P style="line-height:10pt; margin-top:0px; margin-bottom:2.667px; font-size:8pt" align=center><B>(State or other jurisdiction of<BR>
incorporation )</B></P>
</TD><TD valign=top width=208><P style="line-height:10pt; margin-top:0px; margin-bottom:2.667px; font-size:8pt" align=center><B>(Commission File Number)</B></P>
</TD><TD valign=top width=208 colspan=2><P style="line-height:10pt; margin-top:0px; margin-bottom:2.667px; font-size:8pt" align=center><B>(I.R.S. Employer<BR>
Identification Number)</B></P>
</TD></TR>
<TR><TD valign=bottom width=144><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=336 colspan=3><P style="line-height:13pt; margin-top:34.2px; margin-bottom:0px; font-size:11pt" align=center><B>4665 Business Center Drive<BR>
Fairfield, California 94534</B></P>
</TD><TD valign=bottom width=144><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=624 colspan=5><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><B>(Address of principal executive offices)</B></P>
</TD></TR>
<TR><TD valign=bottom width=144><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=336 colspan=3><P style="line-height:13pt; margin-top:29.333px; margin-bottom:0px; font-size:11pt" align=center><B>(707) 639-5000</B></P>
</TD><TD valign=bottom width=144><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=624 colspan=5><P style="line-height:10pt; margin:0px; font-size:8pt" align=center><B>(Registrant&#146;s telephone number, including area code)</B></P>
</TD></TR>
<TR><TD style="border-bottom:1px solid #000000" valign=top width=624 colspan=5><P style="line-height:13pt; margin-top:29.333px; margin-bottom:0px; font-size:11pt" align=center><B>Not applicable</B></P>
</TD></TR>
<TR><TD valign=top width=624 colspan=5><P style="line-height:10pt; margin-top:0px; margin-bottom:10.667px; font-size:8pt" align=center><B>(Former name or former address, if changed since last report)</B></P>
</TD></TR>
<TR>
<TD>&nbsp;</TD>
</TR>

<TR><TD valign=top width=624 colspan=5><P style="line-height:10pt; margin-top:0px; margin-bottom:10.667px; font-size:8pt">Check the appropriate box below if the Form&nbsp;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<U>see</U> General Instruction A.2. below):</P>
<P style="line-height:10pt; margin-top:0px; margin-bottom:10.667px; font-size:8pt">[ ] Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</P>
<P style="line-height:10pt; margin-top:0px; margin-bottom:10.667px; font-size:8pt">[ ] Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="line-height:10pt; margin-top:0px; margin-bottom:10.667px; font-size:8pt">[ ] Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
<P style="line-height:10pt; margin-top:0px; margin-bottom:10.667px; font-size:8pt">[ ] Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
</TD></TR>
<TR><TD style="border-bottom:3px double #000000" valign=top width=624 colspan=5><P>&nbsp;</P></TD></TR>
</TABLE>
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<P style="line-height:14pt; margin-top:16px; margin-bottom:0px; font-size:12pt"><B>Section 5 &#150; Corporate Governance and Management</B></P>
<P style="line-height:14pt; margin-top:16px; margin-bottom:0px; font-size:12pt"><B>Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></P>
<P style="margin-top:0px; margin-bottom:8px"><BR></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:-18.667px; font-size:12pt"><B>(b)</B></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:8px; text-indent:48px; font-size:12pt"><B><I>Pending Resignation of Director</I></B></P>
<P style="line-height:14pt; margin-top:16px; margin-bottom:0px; text-indent:48px; font-size:12pt">On September 8, 2011, at a meeting of our nominating and governance committee, Thomas W. Smith, a member of our board
of directors, advised the committee that he will not stand for re-election at our 2011 annual meeting. &nbsp;Mr. Smith is a senior partner of Prescott Investors, a private investment firm he
founded in 1973, and has been a member of our board of directors since 2007. &nbsp;Mr. Smith will continue to serve as a member of our board of directors until the 2011 annual meeting. &nbsp;He has approved this
current report on Form 8-K and confirmed that he has no disagreement with us relating to our operations, policies, or practices.</P>
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<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>SIGNATURES</B></P>
<P style="line-height:14pt; margin-top:16px; margin-bottom:0px; text-indent:48px; font-size:12pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="line-height:14pt; margin-top:16px; margin-bottom:-18.667px; font-size:12pt">Dated: September&nbsp;9, 2011</P>
<P style="line-height:14pt; margin:0px; text-indent:336px; font-size:12pt"><B>COPART, INC.</B></P>
<P style="line-height:14pt; margin-top:16px; margin-bottom:-18.667px; text-indent:336px; font-size:12pt">By:</P>
<P style="line-height:14pt; margin:0px; text-indent:364.8px; font-size:12pt"><U>/s/ Paul A. Styer</U></P>
<P style="line-height:14pt; margin:0px; text-indent:364.8px; font-size:12pt">Paul A. Styer</P>
<P style="line-height:14pt; margin:0px; text-indent:364.8px; font-size:12pt">Senior Vice President, General Counsel</P>
<P style="line-height:14pt; margin:0px; text-indent:364.8px; font-size:12pt">and Secretary</P>
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<BR></P>
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