SEC Form 4 · accession 0001170010-16-000192
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edwin J Hill
Officer — EVP
Period of report
Jul 25, 2016
Accepted (ET)
Jul 27, 2016 · 4:16 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 | Jul 25, 2016 | M | 30,000 | $32.69 | A | 36,943 | D | |
| Common Stock | Jul 25, 2016 | M | 14,952 | $30.24 | A | 51,895 | D | |
| Common StockF1 | Jul 25, 2016 | S | 51,875 | $57.59 | D | 20 | 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 | $32.69 | Jul 25, 2016 | M | 30,000 | D | — | Apr 5, 2018 | Common Stock | 30,000 | 34,894 | D |
| Stock Options (Right to Buy)F3 | $30.24 | Jul 25, 2016 | M | 14,952 | D | — | Dec 27, 2018 | Common Stock | 14,952 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were purchased at prices ranging from $57.39 to $57.76. 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 purchased at each separate price.
- F2The stock options vested in four equal installments on each of April 5, 2012, April 5, 2013, April 5, 2014 and April 5, 2015 and are now fully exercisable.
- F3The stock options vested in four equal installments on each of December 27, 2012, December 27, 2013, December 27, 2014 and December 27, 2015 and are now fully exercisable.