SEC Form 4 · accession 0001170010-16-000105
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
Apr 15, 2016
Accepted (ET)
Apr 19, 2016 · 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 StockF1 | Apr 15, 2016 | M | 2,700 | — | A | 14,855 | D | |
| Common Stock | Apr 15, 2016 | F | 888 | $53.65 | D | 13,967 | 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 15, 2016 | M | 2,309 | D | — | — | Common Stock | 2,700 | 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 1.1696 times the number of MSUs in shares of Company common stock.
- F2The restricted stock units vested on April 15, 2016 and were settled in Company common stock.