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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1. Name and Address of Reporting Person * BAUER DAVID L   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) Senior Vice President (Last) (First) (Middle) 3210 QUANDT ROAD 3. Date of Earliest Transaction (Month/Day/Year) 03/10/2011 (Street) LAFAYETTE, CA 94549 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 03/10/2011   M   34,167 A $ 10.99 34,167 D   Common Stock 03/10/2011   F(1)   20,859 D $ 40.78 13,308 D   Common Stock 03/10/2011   M   50,000 A $ 8.8 63,308 D   Common Stock 03/10/2011   F(1)   29,094 D $ 40.78 34,214 D   Common Stock 03/10/2011   M   50,000 A $ 18 84,214 D   Common Stock 03/10/2011   F(1)   35,108 D $ 40.78 49,106 D   Common Stock 03/10/2011   M   40,000 A $ 24.03 89,106 D   Common Stock 03/10/2011   F(1)   31,240 D $ 40.78 57,866 D   Common Stock 03/10/2011   M   30,679 A $ 34.39 88,545 D   Common Stock 03/10/2011   F(1)   28,116 D $ 40.78 60,429 D   Common Stock 03/10/2011   M   13,533 A $ 32.86 73,962 D   Common Stock 03/10/2011   F(1)   12,132 D $ 40.78 61,830 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)

$ 10.99

03/10/2011

M

34,167

(2)

10/21/2012

Common Stock

34,167

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 8.8

03/10/2011

M

50,000

(3)

08/19/2013

Common Stock

50,000

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 18

03/10/2011

M

50,000

(4)

01/22/2014

Common Stock

50,000

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 24.03

03/10/2011

M

40,000

(5)

10/04/2015

Common Stock

40,000

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 34.39

03/10/2011

M

30,679

(6)

09/28/2017

Common Stock

30,679

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 32.86

03/10/2011

M

13,533

(7)

09/28/2019

Common Stock

13,533

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
BAUER DAVID L 3210 QUANDT ROAD LAFAYETTE, CA 94549			Senior Vice President

Signatures

David L. Bauer		03/14/2011
**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)	Shares withheld by the issuer in payment of the aggregate option exercise price and withholding tax liability incurred upon the reported option exercise.
(2)	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.
(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 August 19, 2003, and it became fully exercisable on August 19, 2008.
(4)	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.
(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 October 4, 2005, and it became fully exercisable on October 4, 2010.
(6)	The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was September 28, 2007. 30,679 shares were vested on March 10, 2011.
(7)	The option vested 20% after the first year, and thereafter monthly, ratably, over the remaining 48 months vesting term. The option grant date was September 28, 2009. 13,533 shares were vested on March 10, 2011.

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