SEC Form 4 · accession 0001170010-17-000005
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric M Margolin
Officer — EVP, Gen. Counsel & Secretary
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 4:25 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 | Jan 3, 2017 | M | 3,604 | $31.76 | A | 27,768 | D | |
| Common Stock | Jan 3, 2017 | S | 3,604 | $64.82 | D | 24,164 | D | |
| Common Stock | Jan 4, 2017 | M | 21,396 | $31.76 | A | 45,560 | D | |
| Common Stock | Jan 4, 2017 | S | 21,396 | $65.40 | D | 24,164 | 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)F1 | $31.76 | Jan 3, 2017 | M | 3,604 | D | — | Apr 10, 2019 | Common Stock | 3,604 | 66,893 | D |
| Stock Options (Right to Buy)F1 | $31.76 | Jan 4, 2017 | M | 21,396 | D | — | Apr 10, 2019 | Common Stock | 21,396 | 45,497 | D |
Explanation of responses
- F1The 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.