Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MITZ VINCENT W
  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)
President
(Last)
(First)
(Middle)
C/O COPART, INC. 14185 DALLAS PARKWAY, SUITE 300
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2016
(Street)

DALLAS, TX 75254
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 07/27/2016   M   13,333 A $ 19.775 14,025 D  
Common Stock 07/27/2016   M   55,000 A $ 16.43 69,025 D  
Common Stock 07/27/2016   M   90,000 A $ 17.32 159,025 D  
Common Stock 07/27/2016   M   113,333 A $ 16.38 272,358 D  
Common Stock 07/27/2016   M   440,000 A $ 20.56 712,358 D  
Common Stock 07/27/2016   F   449,653 D $ 51.3 262,705 D  
Common Stock 07/27/2016   M   66,667 A $ 19.775 78,295 I KMM Investment Trust (1)
Common Stock 07/27/2016   M   55,000 A $ 16.43 133,295 I KMM Investment Trust (1)
Common Stock 07/27/2016   F   72,170 D $ 51.3 61,125 I KMM Investment Trust (1)
Common Stock 07/27/2016   M   40,000 A $ 16.43 40,000 I VWM Investment Trust (2)
Common Stock 07/27/2016   M   110,000 A $ 17.32 150,000 I VWM Investment Trust (2)
Common Stock 07/27/2016   M   86,667 A $ 16.38 236,667 I VWM Investment Trust (2)
Common Stock 07/27/2016   M   60,000 A $ 20.56 296,667 I VWM Investment Trust (2)
Common Stock 07/27/2016   F   181,977 D $ 51.3 114,690 I VWM Investment Trust (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(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
Stock Option (right to buy) $ 19.775 07/27/2016   M     13,333   (3) 09/26/2018 Common Stock 13,333 $ 0 0 D  
Stock Option (right to buy) $ 19.775 07/27/2016   M     66,667   (3) 09/26/2018 Common Stock 66,667 $ 0 0 I KMM Investment Trust (1)
Stock Option (right to buy) $ 16.43 07/27/2016   M     55,000   (3) 09/25/2019 Common Stock 55,000 $ 0 0 D  
Stock Option (right to buy) $ 16.43 07/27/2016   M     55,000   (3) 09/25/2019 Common Stock 55,000 $ 0 0 I KMM Investment Trust (1)
Stock Option (right to buy) $ 16.43 07/27/2016   M     40,000   (3) 09/25/2019 Common Stock 40,000 $ 0 0 I VWM Investment Trust (2)
Stock Option (right to buy) $ 17.32 07/27/2016   M     90,000   (3) 03/04/2020 Common Stock 90,000 $ 0 0 D  
Stock Option (right to buy) $ 17.32 07/27/2016   M     110,000   (3) 03/04/2020 Common Stock 110,000 $ 0 0 I VWM Investment Trust (2)
Stock Option (right to buy) $ 16.38 07/27/2016   M     113,333   (3) 10/04/2020 Common Stock 113,333 $ 0 0 D  
Stock Option (right to buy) $ 16.38 07/27/2016   M     86,667   (3) 10/04/2020 Common Stock 86,667 $ 0 0 I VWM Investment Trust (2)
Stock Option (right to buy) $ 20.56 07/27/2016   M     440,000   (3) 03/04/2021 Common Stock 440,000 $ 0 0 D  
Stock Option (right to buy) $ 20.56 07/27/2016   M     60,000   (3) 03/04/2021 Common Stock 60,000 $ 0 0 I VWM Investment Trust (2)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MITZ VINCENT W
C/O COPART, INC. 14185 DALLAS PARKWAY
SUITE 300
DALLAS, TX 75254
  X     President  

Signatures

 /s/ Paul A. Styer, as attorney-in-fact   07/29/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) KMM Investment Trust for the benefit of the reporting person's wife and children. The reporting person's wife is trustee of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16 or any other purpose.
(2) VWM Investment Trust, for which the reporting person serves as trustee.
(3) 2007 Equity Incentive Plan. Twenty percent (20%) of the options vested on the first anniversary of the date of grant and the balance vested on a monthly basis over the 48 months succeeding such first anniversary.

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