SEC Form 4 · accession 0001170010-17-000044
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon G Daniels
Officer — SVP, CAF
Period of report
Apr 9, 2017
Accepted (ET)
Apr 11, 2017 · 4:58 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 StockF1 | Apr 9, 2017 | M | 3,253 | — | A | 15,040 | D | |
| Common Stock | Apr 9, 2017 | F | 1,085 | $56.47 | D | 13,955 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 9, 2017 | M | 2,324 | D | — | — | Common Stock | 3,253 | 0 | D |
Explanation of responses
- F1Following vesting of the restricted stock units, which are referred to by the Company as market stock units (MSUs), the Reporting Person received 1.4001 times the number of MSUs in shares of Company common stock.
- F2The restricted stock units vested on April 9, 2017 and were settled in Company common stock.