CARMAX INC — Director's Dealing 2017

Sep 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2017-09-26

Reporting Person: Daniels Jon G (SVP, CAF)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-26	Common Stock	M	31516	$31.76	Acquired	45471	Direct
2017-09-26	Common Stock	M	13151	$42.68	Acquired	58622	Direct
2017-09-26	Common Stock	S	44667	$73.69	Disposed	13955	Direct
2017-09-26	Common Stock	S	5821	$73.62	Disposed	8134	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-09-26	Stock Options (Right to Buy)	$31.76	M	31516	Disposed	2019-04-10	Common Stock (31516.0)	Direct
2017-09-26	Stock Options (Right to Buy)	$42.68	M	13151	Disposed	2020-04-15	Common Stock (13151.0)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $73.50 to $74.45. 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 shares with respect to this transaction were sold at prices ranging from $73.60 to $73.76. 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.

F3: The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 10, 2013, April 10, 2014, April 10, 2015 and April 10, 2016 and are now fully exercisable.

F4: The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 15, 2014, April 15, 2015, April 15, 2016 and April 15, 2017 and are now fully exercisable.