SEC Form 4 · accession 0001170010-18-000119
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Wood Jr.
Officer — EVP & COO
Period of report
Jun 27, 2018
Accepted (ET)
Jun 28, 2018 · 6:26 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 27, 2018 | M | 18,299 | $51.63 | A | 82,908 | D | |
| Common Stock | Jun 27, 2018 | M | 22,594 | $58.38 | A | 105,502 | D | |
| Common StockF1 | Jun 27, 2018 | S | 40,893 | $75.65 | D | 64,609 | D | |
| Common StockF2 | Jun 27, 2018 | S | 10,011 | $75.72 | D | 54,598 | 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 | $51.63 | Jun 27, 2018 | M | 18,299 | D | — | Apr 12, 2023 | Common Stock | 18,299 | 86,598 | D |
| Stock Options (Right to Buy)F4 | $58.38 | Jun 27, 2018 | M | 22,594 | D | — | May 1, 2024 | Common Stock | 22,594 | 67,780 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $75.41 to $75.93. 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 $75.60 to $75.89. 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 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.
- F4The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on May 1, 2018 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 1, 2019, May 1, 2020 and May 1, 2021.