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CARMAX INC Director's Dealing 2017

Jan 6, 2017

30853_dirs_2017-01-06_d6f3dff3-b9fb-456f-a753-af4ed774c63d.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: 2017-01-04

Reporting Person: Shamim Mohammad (SVP and CIO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-01-04 Common Stock M 5491 $42.68 Acquired 7216 Direct
2017-01-04 Common Stock M 6723 $44.96 Acquired 13939 Direct
2017-01-04 Common Stock M 8940 $47.47 Acquired 22879 Direct
2017-01-04 Common Stock M 9250 $28.81 Acquired 32129 Direct
2017-01-04 Common Stock S 30404 $67.02 Disposed 1725 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-01-04 Stock Options (Right to Buy) $42.68 M 5491 Disposed 2020-04-15 Common Stock (5491.0) Direct
2017-01-04 Stock Options (Right to Buy) $44.96 M 6723 Disposed 2021-04-09 Common Stock (6723.0) Direct
2017-01-04 Stock Options (Right to Buy) $47.47 M 8940 Disposed 2021-09-26 Common Stock (8940.0) Direct
2017-01-04 Stock Options (Right to Buy) $28.81 M 9250 Disposed 2019-09-25 Common Stock (9250.0) Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $67.00 to $67.13. 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 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 and April 15, 2016 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on April 15, 2017.

F3: The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 9, 2015 and April 9, 2016 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of April 9, 2017 and April 9, 2018.

F4: The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of September 26, 2015 and September 26, 2016 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of on September 26, 2017 and September 26, 2018.

F5: The stock options vested in four equal installments on each of on September 25, 2013, September 25, 2014, September 25, 2015 and September 25, 2016 and are now fully exercisable.