SEC Form 4 · accession 0001170010-16-000230
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas W Reedy Jr.
Officer — EVP & CFO
Period of report
Dec 22, 2016
Accepted (ET)
Dec 23, 2016 · 4:13 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 | Dec 22, 2016 | M | 3,000 | $31.76 | A | 60,183 | D | |
| Common StockF1 | Dec 22, 2016 | S | 3,000 | $65.77 | D | 57,183 | 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 | Dec 22, 2016 | M | 3,000 | D | — | Apr 10, 2019 | Common Stock | 3,000 | 57,000 | D |
Explanation of responses
- F1The shares with respect to this transaction were purchased at prices ranging from $65.75 to $65.90. 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 10, 2013, April 10, 2014, April 10, 2015 and April 10, 2016 and are now fully exercisable.