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 *
LOWY RUSSELL
   2. Issuer Name and Ticker or Trading Symbol
COPART INC [CPRT] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
(Last)
(First)
(Middle)
C/O COPART, INC. 14185 DALLAS PARKWAY, SUITE 300		 3. Date of Earliest Transaction (Month/Day/Year)
10/05/2012
(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 10/05/2012   M   18,959 (2) A $ 5.495 18,959 D  
Common Stock 10/05/2012   M   43,586 (6) A $ 4.4 62,545 D  
Common Stock 10/05/2012   M   65,182 (4) A $ 9 127,727 D  
Common Stock 10/05/2012   S   127,727 D $ 27.5323 0 D  
Common Stock 10/08/2012   M   200 (4) A $ 9 200 D  
Common Stock 10/08/2012   S   200 D $ 27.5 0 D  

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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
Employee Stock Option (Right to Buy) $ 4.4 10/05/2012   M     43,586   (5) 08/19/2013 Common Stock 43,586 (6) $ 0 0 D  
Employee Stock Option (right to buy) $ 5.495 10/05/2012   M     18,959   (1) 10/21/2012 Common Stock 18,959 (2) $ 0 0 D  
Employee Stock Option (right to buy) $ 9 10/05/2012   M     65,182   (3) 01/22/2014 Common Stock 65,182 (4) $ 0 14,818 D  
Employee Stock Option (right to buy) $ 9 10/08/2012   M     200   (3) 01/22/2014 Common Stock 200 (4) $ 0 14,618 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LOWY RUSSELL
C/O COPART, INC. 14185 DALLAS PARKWAY
SUITE 300
DALLAS, TX 75254		       Chief Operating Officer  

Signatures

 Russell Lowy   10/09/2012
**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) The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was October 21, 2002, and it became fully exercisable on October 21, 2007.
(2) This option was previously reported as an option for 30,000 shares of common stock at an exercise price of $10.99 per share but was adjusted to reflect the stock divident declared by Copart on March 8, 2012.
(3) The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was January 22, 2004, and it became fully exercisable on January 22, 2009.
(4) This option was previously reported as an option for 40,000 shares of common stock at an exercise price of $18.00 per share but was adjusted to reflect the stock divident declared by Copart on March 8, 2012.
(5) The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was August 19, 2003, and it became fully exercisable on August 19, 2008.
(6) This option was previously reported as an option for 30,000 shares of common stock at an exercise price of $8.80 per share but was adjusted to reflect the stock divident declared by Copart on March 8, 2012.

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