SEC Form 4 · accession 0001170010-17-000015
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edwin J Hill
Officer — EVP
Period of report
Jan 11, 2017
Accepted (ET)
Jan 13, 2017 · 4:21 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 11, 2017 | M | 34,894 | $32.69 | A | 34,914 | D | |
| Common StockF1 | Jan 11, 2017 | S | 34,894 | $66.53 | 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 | Jan 11, 2017 | M | 34,894 | D | — | Apr 5, 2018 | Common Stock | 34,894 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were purchased at prices ranging from $66.30 to $66.83. 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.