SEC Form 4 · accession 0001140361-15-015363
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Natalie L Wyatt
Officer — VP, Controller & PAO
Period of report
Apr 10, 2015
Accepted (ET)
Apr 14, 2015 · 5:20 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 10, 2015 | M | 1,418 | $31.76 | A | 3,021 | D | |
| Common Stock | Apr 10, 2015 | M | 5,557 | $44.96 | A | 8,578 | D | |
| Common StockF1 | Apr 10, 2015 | S | 6,975 | $73.80 | A | 1,603 | 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 | $31.76 | Apr 10, 2015 | M | 1,418 | D | — | Apr 10, 2019 | Common Stock | 1,418 | 1,417 | D |
| Stock Options (Right to Buy)F3 | $44.96 | Apr 10, 2015 | M | 5,557 | D | — | Apr 9, 2021 | Common Stock | 5,557 | 16,670 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $73.79 to $73.80. 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 5,671 shares, became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 10, 2013, April 10, 2014 and April 10, 2015, and will become exercisable with respect to one-fourth of the underlying shares of Common Stock on April 10, 2016.
- F3The options, representing a right to purchase a total of 22,226 shares, became exercisable with respect to one-fourth of the underlying shares of Common Stock on April 9, 2015, and will become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 9, 2016, April 9, 2017 and April 9, 2018.