CARMAX INC — Director's Dealing 2018

Oct 30, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2018-10-29

Reporting Person: Daniels Jon G (SVP, CAF)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-10-29	Common Stock	M	15000	$44.96	Acquired	16325	Direct
2018-10-29	Common Stock	S	7514	$71.14	Disposed	8811	Direct
2018-10-29	Common Stock	S	7486	$70.46	Disposed	1325	Direct
2018-10-29	Common Stock	S	1325	$71.73	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-10-29	Stock Options (Right to Buy)	$44.96	M	15000	Disposed	2021-04-09	Common Stock (15000.0)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $70.80 to $71.78. 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 $69.78 to $70.78. 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 9, 2015, April 9, 2016, April 9, 2017 and April 9, 2018 and are now fully exercisable.