CARMAX INC — Director's Dealing 2019

Jun 28, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2019-06-27

Reporting Person: Daniels Jon G (SVP, CAF)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-27	Common Stock	M	14225	$44.96	Acquired	15725	Direct
2019-06-27	Common Stock	M	5870	$67.82	Acquired	21595	Direct
2019-06-27	Common Stock	M	15000	$51.63	Acquired	36595	Direct
2019-06-27	Common Stock	S	36595	$86.35	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-27	Stock Options (Right to Buy)	$44.96	M	14225	Disposed	2021-04-09	Common Stock (14225.0)	Direct
2019-06-27	Stock Options (Right to Buy)	$67.82	M	5870	Disposed	2021-12-24	Common Stock (5870.0)	Direct
2019-06-27	Stock Options (Right to Buy)	$51.63	M	15000	Disposed	2023-04-12	Common Stock (15000.0)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $86.20 to $86.50. 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 9, 2015, April 9, 2016, April 9, 2017 and April 9, 2018 and are now fully exercisable.

F3: The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of December 24, 2015, December 24, 2016, December 24, 2017 and December 24, 2018 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 12, 2017, April 12, 2018 and April 12, 2019 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on April 12, 2020.