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 *
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)
President
(Last)
(First)
(Middle)
C/O COPART, INC. 4665 BUSINESS CENTER DR
3. Date of Earliest Transaction (Month/Day/Year)
10/08/2007
(Street)

FAIRFIELD, CA 94534
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 10/08/2007   S   1,105 D $ 35.41 54,468 (1) D  
Common Stock 10/08/2007   S   2,300 D $ 35.42 54,468 (1) D  
Common Stock 10/08/2007   S   500 D $ 35.43 54,468 (1) D  
Common Stock 10/08/2007   S   5,400 D $ 35.44 54,468 (1) D  
Common Stock 10/08/2007   S   800 D $ 35.445 54,468 (1) D  
Common Stock 10/08/2007   S   7,485 D $ 35.45 54,468 (1) D  
Common Stock 10/08/2007   S   600 D $ 35.455 54,468 (1) D  
Common Stock 10/08/2007   S   1,100 D $ 35.46 54,468 (1) D  
Common Stock 10/08/2007   S   600 D $ 35.47 54,468 (1) D  
Common Stock 10/08/2007   S   900 D $ 35.48 54,468 (1) D  
Common Stock 10/08/2007   S   1,300 D $ 35.49 54,468 (1) D  
Common Stock 10/08/2007   S   800 D $ 35.5 54,468 (1) D  
Common Stock 10/08/2007   S   300 D $ 35.51 54,468 (1) D  
Common Stock 10/08/2007   S   200 D $ 35.54 54,468 (1) D  
Common Stock 10/08/2007   S   1,500 D $ 35.55 54,468 (1) D  
Common Stock 10/08/2007   S   2,400 D $ 35.56 54,468 (1) D  
Common Stock 10/08/2007   S   2,463 D $ 35.57 54,468 (1) D  
Common Stock 10/08/2007   S   100 D $ 35.58 54,468 (1) D  
Common Stock 10/08/2007   S   54 D $ 35.6 54,468 (1) D  
Common Stock 10/08/2007   S   1,500 D $ 35.61 54,468 (1) D  
Common Stock 10/08/2007   S   1,400 D $ 35.63 54,468 (1) D  
Common Stock 10/08/2007   S   2,424 D $ 35.64 54,468 (1) D  
Common Stock 10/08/2007   S   1,587 D $ 35.65 54,468 (1) D  
Common Stock 10/08/2007   S   2,800 D $ 35.66 54,468 (1) D  
Common Stock 10/08/2007   S   2,227 D $ 35.67 54,468 (1) D  
Common Stock 10/08/2007   S   1,041 D $ 35.68 54,468 (1) D  
Common Stock 10/09/2007   M   42,886 (1) A $ 2.92 54,468 (1) D  
Common Stock               6,174 I See footnote (3)
Common Stock               6,174 I See footnote (3)

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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) $ 2.92 10/09/2007   M     42,886   (2) 05/27/2008 Common Stock 42,886 $ 0 38,349 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ADAIR A JAYSON
C/O COPART, INC. 4665 BUSINESS CENTER DR
FAIRFIELD, CA 94534
  X     President  

Signatures

 A. Jayson Adair   10/09/2007
**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 transactions reported on this Form 4 consist of the exercise of employee stock options to purchase 42,886 shares of Common Stock and the sales of all of the shares of Common Stock the reporting person purchased through the exercises of such stock options. These shares that were issued upon the exercise of options (described in Table II) were immediately used to cover sales (described in Table I).
(2) The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 month vesting term. The option grant date was 5/27/1998, and it became fully exercisable on 5/27/2003.
(3) Reflects shares held by an irrevocable trust for the benefit of a member of Mr. Adair's immediate family.

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