SEC Form 4 · accession 0001140361-15-014925
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey E Garten
Director
Period of report
Apr 7, 2015
Accepted (ET)
Apr 9, 2015 · 4:23 pm EDT
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 | Apr 7, 2015 | M | 7,610 | $14.49 | A | 30,745 | D | |
| Common Stock | Apr 7, 2015 | M | 5,787 | $19.98 | A | 36,532 | D | |
| Common Stock | Apr 7, 2015 | M | 3,621 | $33.11 | A | 40,153 | D | |
| Common Stock | Apr 7, 2015 | M | 4,897 | $25.12 | A | 45,050 | D | |
| Common StockF1 | Apr 7, 2015 | S | 21,915 | $73.50 | 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 | $14.49 | Apr 7, 2015 | M | 7,610 | D | — | Jun 26, 2016 | Common Stock | 7,610 | 0 | D |
| Stock Options (Right to Buy)F3 | $19.98 | Apr 7, 2015 | M | 5,787 | D | — | Jul 1, 2017 | Common Stock | 5,787 | 0 | D |
| Stock Options (Right to Buy)F4 | $33.11 | Apr 7, 2015 | M | 3,621 | D | — | Jun 30, 2018 | Common Stock | 3,621 | 0 | D |
| Stock Options (Right to Buy)F5 | $25.12 | Apr 7, 2015 | M | 4,897 | D | — | Jun 28, 2019 | Common Stock | 4,897 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $73.37 to $73.60. 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 7,610 shares, became exercisable in three annual installments beginning on June 26, 2010, which was the first anniversary of the date on which the options were granted.
- F3The options, representing a right to purchase a total of 5,787 shares, became exercisable in three annual installments beginning on July 1, 2011, which was the first anniversary of the date on which the options were granted.
- F4The options, representing a right to purchase a total of 3,621 shares, became exercisable in three annual installments beginning on June 30, 2012, which was the first anniversary of the date on which the options were granted.
- F5The options, representing a right to purchase a total of 4,897 shares, became exercisable on June 28, 2013, which was the first anniversary of the date on which the options were granted.
Remarks
Exhibit List: Exhibit 24.1 - Power of Attorney