CARMAX INC — Director's Dealing 2012

Dec 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2012-12-24

Reporting Person: GRAFTON W ROBERT (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-24	Common Stock	M	7598	$13.19	Acquired	34198	Direct
2012-12-24	Common Stock	M	6804	$17.44	Acquired	41002	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-24	Stock Options (Right to Buy)	$13.19	M	7598	Disposed	2013-06-25	Common Stock (7598)	Direct
2012-12-24	Stock Options (Right to Buy)	$17.44	M	6804	Disposed	2013-06-21	Common Stock (6804)	Direct

Footnotes

F1: This option was previously reported as covering 3,799 shares at an exercise price of $26.38 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.

F2: This option was previously reported as covering 3,402 shares at an exercise price of $34.88 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.