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CARMAX INC Director's Dealing 2010

Sep 27, 2010

30853_dirs_2010-09-27_dfc6676e-c11a-428e-96e8-46009d3207d6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2010-09-24

Reporting Person: KUNKEL JOSEPH S (SVP Mktg and Strategy)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-09-24 Common Stock M 40000 $7.14 Acquired 167818 Direct
2010-09-24 Common Stock S 40000 $27.21 Disposed 127818 Direct
2010-09-24 Common Stock S 10400 $27.22 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-09-24 Stock Options (Right to Buy) $7.14 M 40000 Disposed 2013-04-02 Common Stock (40000) Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $27.200 to $27.241. 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.

F2: The shares with respect to this transaction were sold at prices ranging from $27.21 to $27.231. 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.