SEC Form 4 · accession 0001170010-17-000131
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
Jul 27, 2017
Accepted (ET)
Jul 31, 2017 · 5:24 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 | Jul 27, 2017 | M | 8,583 | $42.68 | A | 70,522 | D | |
| Common StockF1 | Jul 27, 2017 | S | 8,583 | $66.87 | D | 61,939 | 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 | $42.68 | Jul 27, 2017 | M | 8,583 | D | — | Apr 15, 2020 | Common Stock | 8,583 | 75,675 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $66.85 to $66.90. 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 sold at each separate price.
- F2The stock options vested in four equal installments on each of April 15, 2014, April 15, 2015, April 15, 2016, and April 15, 2017 and are now fully exercisable.