SEC Form 4 · accession 0001170010-16-000200
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Wood Jr.
Officer — EVP & COO
Period of report
Aug 12, 2016
Accepted (ET)
Aug 16, 2016 · 4:39 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 | Aug 12, 2016 | M | 25,710 | $31.76 | A | 95,509 | D | |
| Common Stock | Aug 12, 2016 | M | 3,738 | $30.24 | A | 99,247 | D | |
| Common StockF1 | Aug 12, 2016 | S | 37,948 | $59.53 | D | 61,299 | 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 | Aug 12, 2016 | M | 25,710 | D | — | Apr 10, 2019 | Common Stock | 25,710 | 0 | D |
| Stock Options (Right to Buy)F3 | $30.24 | Aug 12, 2016 | M | 3,738 | D | — | Dec 27, 2018 | Common Stock | 3,738 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $59.47 to $59.58. 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 10, 2013, April 10, 2014, April 10, 2015 and April 10, 2016 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.