CARMAX INC — Director's Dealing 2015

May 12, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2015-05-11

Reporting Person: Shamim Mohammad (SVP and CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-11	Common Stock	M	5491	$42.68	Acquired	5491	Direct
2015-05-11	Common Stock	S	5491	$71.69	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-11	Stock Options (Right to Buy)	$42.68	M	5491	Disposed	2020-04-15	Common Stock (5491)	Direct

Footnotes

F1: The options, representing a right to purchase a total of 21,964 shares, became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 15, 2014 and April 15, 2015, and will become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 15, 2016 and April 15, 2017.