CARMAX INC — Director's Dealing 2015

Jan 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2015-01-02

Reporting Person: Reedy Thomas W JR (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-02	Common Stock	M	64894	$25.39	Acquired	104416	Direct
2015-01-02	Common Stock	S	64894	$66.10	Disposed	39522	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-02	Stock Options (Right to Buy)	$25.39	M	64894	Disposed	2017-04-06	Common Stock (64894)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $66.00 to $66.23. 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 64,894 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.