SEC Form 4 · accession 0001170010-18-000163
CARMAX INC · KMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Folliard
Director
Period of report
Jul 18, 2018
Accepted (ET)
Jul 20, 2018 · 4:23 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 StockF1 | Jul 18, 2018 | S | 37,500 | $77.37 | D | 211,879 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 26, 2018, the Reporting Person entered into an agreement to contribute shares of the Issuer's common stock to an exchange fund in exchange for exchange fund units. The contribution closed on July 18, 2018. Pursuant to the applicable agreement, the common stock was valued at $77.37 per share for the purposes of determining the number of exchange fund units issued to the Reporting Person.