SEC Form 4 · accession 0001170010-17-000170
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edwin J Hill
Officer — EVP
Period of report
Oct 12, 2017
Accepted (ET)
Oct 16, 2017 · 4:19 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 | Oct 12, 2017 | M | 14,200 | $42.68 | A | 18,992 | D | |
| Common StockF1 | Oct 12, 2017 | S | 14,200 | $75.88 | D | 4,792 | D | |
| Common Stock | Oct 13, 2017 | M | 10,800 | $42.68 | A | 15,592 | D | |
| Common StockF2 | Oct 13, 2017 | S | 10,800 | $75.57 | D | 4,792 | 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)F3 | $42.68 | Oct 12, 2017 | M | 14,200 | D | — | Apr 15, 2020 | Common Stock | 14,200 | 55,615 | D |
| Stock Options (Right to Buy)F3 | $42.68 | Oct 13, 2017 | M | 10,800 | D | — | Apr 15, 2020 | Common Stock | 10,800 | 44,815 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $75.77 to $76.02. 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 shares with respect to this transaction were sold at prices ranging from $75.50 to $75.75. 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.
- F3The 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.