SEC Form 4 · accession 0001170010-18-000051

CARMAX INC · KMX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP & COO

Period of report

Apr 17, 2018

Accepted (ET)

Apr 19, 2018 · 4:26 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
Common Stock	Apr 17, 2018	M	24,714	$44.96	A	87,173	D
Common Stock	Apr 17, 2018	M	25,000	$51.63	A	112,173	D
Common Stock^F1	Apr 17, 2018	S	49,714	$63.01	D	62,459	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (Right to Buy)^F2	$44.96	Apr 17, 2018	M	24,714	D	—	Apr 9, 2021	Common Stock	24,714	0	D
Stock Options (Right to Buy)^F3	$51.63	Apr 17, 2018	M	25,000	D	—	Apr 12, 2023	Common Stock	25,000	104,897	D

F1The shares with respect to this transaction were sold at prices ranging from $62.80 to $63.13. 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 9, 2015, April 9, 2016, April 9, 2017 and April 9, 2018 and are now fully exercisable.
F3The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 12, 2017 and April 12, 2018 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 12, 2019 and April 12, 2020.