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CARMAX INC Director's Dealing 2015

Apr 9, 2015

30853_dirs_2015-04-09_db38f853-ced4-4825-8a71-3331d56c2cc9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2015-04-07

Reporting Person: GARTEN JEFFREY E (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-04-07 Common Stock M 7610 $14.49 Acquired 30745 Direct
2015-04-07 Common Stock M 5787 $19.98 Acquired 36532 Direct
2015-04-07 Common Stock M 3621 $33.11 Acquired 40153 Direct
2015-04-07 Common Stock M 4897 $25.12 Acquired 45050 Direct
2015-04-07 Common Stock S 21915 $73.50 Disposed 23135 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-04-07 Stock Options (Right to Buy) $14.49 M 7610 Disposed 2016-06-26 Common Stock (7610) Direct
2015-04-07 Stock Options (Right to Buy) $19.98 M 5787 Disposed 2017-07-01 Common Stock (5787) Direct
2015-04-07 Stock Options (Right to Buy) $33.11 M 3621 Disposed 2018-06-30 Common Stock (3621) Direct
2015-04-07 Stock Options (Right to Buy) $25.12 M 4897 Disposed 2019-06-28 Common Stock (4897) Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $73.37 to $73.60. 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 7,610 shares, became exercisable in three annual installments beginning on June 26, 2010, which was the first anniversary of the date on which the options were granted.

F3: The options, representing a right to purchase a total of 5,787 shares, became exercisable in three annual installments beginning on July 1, 2011, which was the first anniversary of the date on which the options were granted.

F4: The options, representing a right to purchase a total of 3,621 shares, became exercisable in three annual installments beginning on June 30, 2012, which was the first anniversary of the date on which the options were granted.

F5: The options, representing a right to purchase a total of 4,897 shares, became exercisable on June 28, 2013, which was the first anniversary of the date on which the options were granted.