CARMAX INC — Director's Dealing 2013

Apr 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2013-04-18

Reporting Person: Reedy Thomas W JR (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-18	Common Stock	M	20500	$13.19	Acquired	43703	Direct
2013-04-18	Common Stock	S	16940	—	Disposed	26763	Direct
2013-04-19	Common Stock	M	9500	$13.19	Acquired	36263	Direct
2013-04-19	Common Stock	M	10000	$24.99	Acquired	46263	Direct
2013-04-19	Common Stock	S	16738	—	Disposed	29525	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-18	Stock Options (Right to Buy)	$13.19	M	20500	Disposed	2015-06-24	Common Stock (20500)	Direct
2013-04-19	Stock Options (Right to Buy)	$13.19	M	9500	Disposed	2015-06-24	Common Stock (9500)	Direct
2013-04-19	Stock Options (Right to Buy)	$24.99	M	10000	Disposed	2014-04-03	Common Stock (10000)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $40.83 to $40.93. 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.

F2: The shares with respect to this transaction were sold at prices ranging from $42.25 to $42.37. 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.

F3: This option was previously reported as covering 15,000 shares at an exercise price of $26.38, 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.