SEC Form 4 · accession 0001140361-15-014931
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas W Reedy Jr.
Officer — EVP & CFO
Period of report
Apr 7, 2015
Accepted (ET)
Apr 9, 2015 · 4:30 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 | 13,756 | $32.05 | A | 53,278 | D | |
| Common Stock | Apr 7, 2015 | M | 64,894 | $32.69 | A | 118,172 | D | |
| Common StockF1 | Apr 7, 2015 | S | 78,650 | $73.63 | D | 39,522 | 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 | $32.05 | Apr 7, 2015 | M | 13,756 | D | — | Dec 27, 2017 | Common Stock | 13,756 | 0 | D |
| Stock Options (Right to Buy)F3 | $32.69 | Apr 7, 2015 | M | 64,894 | D | — | Apr 5, 2018 | Common Stock | 64,894 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $73.30 to $74.15. 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 13,756 shares, became exercisable in four annual installments beginning on December 27, 2011, which was the first anniversary of the date on which the options were granted.
- F3The options, representing a right to purchase a total of 64,894 shares, became exercisable in four annual installments beginning on April 5, 2012, which was the first anniversary of the date on which the options were granted.