SEC Form 4 · accession 0001170010-15-000039
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon G Daniels
Officer — SVP, CAF
Period of report
Oct 30, 2015
Accepted (ET)
Nov 2, 2015 · 4:44 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 | Oct 30, 2015 | M | 19,011 | $25.39 | A | 35,166 | D | |
| Common StockF1 | Oct 30, 2015 | S | 19,011 | $59.46 | D | 16,155 | D | |
| Common Stock | Oct 30, 2015 | S | 4,000 | $59.48 | D | 12,155 | 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 | $25.39 | Oct 30, 2015 | M | 19,011 | D | — | Apr 6, 2017 | Common Stock | 19,011 | 10,000 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $59.44 to $59.55. 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 four equal installments on each of April 6, 2011, April 6, 2012, April 6, 2013 and April 6, 2014 and are now fully exercisable.