SEC Form 4 · accession 0001140361-15-001275
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Robert Grafton
Director
Period of report
Jan 8, 2015
Accepted (ET)
Jan 9, 2015 · 4:36 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 | Jan 8, 2015 | M | 9,091 | $14.86 | A | 39,302 | D | |
| Common Stock | Jan 8, 2015 | M | 7,610 | $14.49 | A | 46,912 | D | |
| Common StockF1 | Jan 8, 2015 | S | 16,701 | $65.94 | D | 30,211 | 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 | Jan 8, 2015 | M | 9,091 | D | — | Jun 27, 2015 | Common Stock | 9,091 | 0 | D |
| Stock Options (Right to Buy)F3 | $14.49 | Jan 8, 2015 | M | 7,610 | D | — | Jun 26, 2016 | Common Stock | 7,610 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $65.92 to $66.00. 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 stock options vested in three equal installments on each of June 27, 2009, June 27, 2010, and June 27, 2011 and are now fully exercisable
- F3The stock options vested in three equal installments on each of June 26, 2010, June 26, 2011, and June 26, 2012 and are now fully exercisable
Remarks
Exhibit List: Exhibit 24.1 - Power of Attorney