CARMAX INC — Director's Dealing 2015

Apr 14, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2015-04-10

Reporting Person: WYATT NATALIE L (VP, Controller & PAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-10	Common Stock	M	1418	$31.76	Acquired	3021	Direct
2015-04-10	Common Stock	M	5557	$44.96	Acquired	8578	Direct
2015-04-10	Common Stock	S	6975	$73.80	Acquired	1603	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-04-10	Stock Options (Right to Buy)	$31.76	M	1418	Disposed	2019-04-10	Common Stock (1418)	Direct
2015-04-10	Stock Options (Right to Buy)	$44.96	M	5557	Disposed	2021-04-09	Common Stock (5557)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $73.79 to $73.80. 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 5,671 shares, became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 10, 2013, April 10, 2014 and April 10, 2015, and will become exercisable with respect to one-fourth of the underlying shares of Common Stock on April 10, 2016.

F3: The options, representing a right to purchase a total of 22,226 shares, became exercisable with respect to one-fourth of the underlying shares of Common Stock on April 9, 2015, and will become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 9, 2016, April 9, 2017 and April 9, 2018.