SC 13G/A: COPART INC

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SC 13G/A filing by COPART INC.

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Risk Level: low

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Filing Documents

• d745195dsc13ga.htm (SC 13G/A) — 43KB
• 0001193125-24-035994.txt ( ) — 45KB

From the Filing

SC 13G/A 1 d745195dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 14)* Copart, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 217204 10 6 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-l(b) Rule 13d-l(c) Rule 13d-l(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 5 pages 1. Names of Reporting Persons Willis J. Johnson 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Citizenship or Place of Organization United States of America Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 5,113,307 shares of Common Stock (1) 6. Shared Voting Power 49,782,321 of Common Stock (2) 7. Sole Dispositive Power 5,113,307 shares of Common Stock (1) 8. Shared Dispositive Power 49,782,321 shares of Common Stock (2) 9. Aggregate Amount Beneficially Owned by Each Reporting Person shares of Common Stock 54,895,628 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented by Amount in Row (9) 5.72% 12. Type of Reporting Person (See Instructions) IN (1) Includes 3,547,664 shares held directly by Willis J. Johnson, and 1,385,409 shares held by Willis and Rebas Foundation, for which Mr. Johnson serves as President. Also includes options to purchase 180,594 shares of Common Stock, which are exercisable within 60 days of December 31, 2023. (2) Includes 49,782,321 shares held by the Willis J. Johnson and Reba J. Johnson Revocable Trust DTD 1/16/1997, for which Mr. Johnson and his wife are trustees. (3) The calculation of the percentage of outstanding shares of Common Stock beneficially owned by the Reporting Person as of December 31, 2023 is based on 960,208,274 shares of Common Stock indicated as outstanding in the Issuers Quarterly Report on Form 10-Q for the period ended October 31, 2023, plus options held by the Reporting Person to purchase 180,594 shares of Common Stock, which are exercisable within 60 days of December 31, 2023. Page 2 of 5 pages Item1. (a) Name of Issuer: Copart, Inc. (b) Address of Issuers Principal Executive Offices: 14185 Dallas Parkway Suite 300 Dallas, TX 75254 Item2. (a) Name of Person Filing: Willis J. Johnson (b) Address of Principal Business Office or, if none, Residence: Willis J. Johnson c/o Copart, Inc. 14185 Dallas Parkway Suite 300 Dallas, TX 75254 (c) Citizenship: United States of America (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 217204 10 6 Item3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E). (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F). (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G). (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (j) Group, in accordance with 240.13d-1(b)(1)(ii)(J). Item4. The following information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G/A is provided as of December 31, 2023. (a) Amount Beneficially Owned: 54,895,628 Page 3 of 5 pages (b) Percent of Class: 5.72% (1) (c) Number of shares as to which such persons have: (i) Sole power to vote or to direct the vote: 5,113,307 (2) (ii) Shared power to vote or to direct the vote: 49,782,321 (3) (iii) Sole power

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