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CARMAX INC Director's Dealing 2011

Apr 6, 2011

30853_dirs_2011-04-06_42861be1-75eb-4963-80a3-5bfc3854bf26.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: 2011-04-05

Reporting Person: GRAFTON W ROBERT (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-05 Common Stock M 5750 $14.19 Acquired 28850 Direct
2011-04-05 Common Stock S 5750 $32.49 Disposed 23100 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-05 Stock Options (Right to Buy) $14.19 M 5750 Disposed 2011-06-25 Common Stock (5750) Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $32.48 to $32.50. 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: This option was previously reported as covering 2,875 shares at an exercise price of $28.375 per share, but was adjusted to reflect the Issuer's 2-for-1 stock split in the form of a share dividend, which occurred on March 26, 2007.