SEC Form 4 · accession 0001170010-17-000154
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
Sep 26, 2017
Accepted (ET)
Sep 28, 2017 · 5:05 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 | Sep 26, 2017 | M | 75,675 | $42.68 | A | 137,614 | D | |
| Common StockF1 | Sep 26, 2017 | S | 75,675 | $73.42 | 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 | Sep 26, 2017 | M | 75,675 | D | — | Apr 15, 2020 | Common Stock | 75,675 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $73.20 to $73.63. 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 became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 15, 2014, April 15, 2015, April 15, 2016 and April 15, 2017 and are now fully exercisable.