CARMAX INC — Director's Dealing 2015

Nov 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2015-10-30

Reporting Person: Daniels Jon G (SVP, CAF)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-30	Common Stock	M	19011	$25.39	Acquired	35166	Direct
2015-10-30	Common Stock	S	19011	$59.46	Disposed	16155	Direct
2015-10-30	Common Stock	S	4000	$59.48	Disposed	12155	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-30	Stock Options (Right to Buy)	$25.39	M	19011	Disposed	2017-04-06	Common Stock (19011.0)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $59.44 to $59.55. 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 stock options vested in four equal installments on each of April 6, 2011, April 6, 2012, April 6, 2013 and April 6, 2014 and are now fully exercisable.