SEC Form 4 · accession 0001140361-15-015355
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Folliard
Officer — President & CEO · Director
Period of report
Apr 10, 2015
Accepted (ET)
Apr 14, 2015 · 4:51 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 StockF1 | Apr 10, 2015 | M | 57,120 | — | A | 593,810 | D | |
| Common Stock | Apr 10, 2015 | F | 27,247 | $73.19 | D | 566,563 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 10, 2015 | M | 28,560 | D | — | — | Common Stock | 57,120 | 0 | D |
Explanation of responses
- F1Following vesting of the restricted stock units, which are referred to by the Company as market stock units (MSUs), the Reporting Person received 2 times the number of MSUs in shares of Company common stock.
- F2The restricted stock units vested on April 10, 2015 and were settled in Company common stock.