SEC Form 4 · accession 0001140361-15-000085
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey E Garten
Director
Period of report
Dec 30, 2014
Accepted (ET)
Jan 2, 2015 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001170010
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 30, 2014 | M | 9,091 | $14.86 | A | 32,226 | D | |
| Common StockF1 | Dec 30, 2014 | S | 9,091 | $67.18 | D | 23,135 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $14.86 | Dec 30, 2014 | M | 9,091 | D | — | Jun 27, 2015 | Common Stock | 9,091 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $67.12 to $67.25. Upon request, the Reporting Person will provide the Securities and Exchange Commission staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F2The options, representing a right to purchase a total of 9,091 shares, became exercisable in three annual installments beginning on June 27, 2009, which was the first anniversary of the date on which the options were granted.