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: 2014-12-23

Reporting Person: FOLLIARD THOMAS J (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-23	Common Stock	M	209951	$25.39	Acquired	756641	Direct
2014-12-23	Common Stock	S	209951	$67.79	Disposed	546690	Direct
2014-12-23	Common Stock	G	10000	—	Disposed	536690	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-23	Stock Options (Right to Buy)	$25.39	M	209951	Disposed	2017-04-06	Common Stock (209951)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $67.54 to $67.95. 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 209,951 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.