CARMAX INC — Director's Dealing 2014

Dec 29, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2014-12-26

Reporting Person: Nash William D (EVP, HR & Admin Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-26	Common Stock	M	30000	$25.39	Acquired	52374	Direct
2014-12-26	Common Stock	S	30000	$67.41	Disposed	22374	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-26	Stock Options (Right to Buy)	$25.39	M	30000	Disposed	2017-04-06	Common Stock (30000)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $67.32 to $67.56. 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 options, representing a right to purchase a total of 64,894 shares, became exercisable in four annual installments beginning on April 6, 2011, which was the first anniversary of the date on which the options were granted.