CARMAX INC — Director's Dealing 2020

Dec 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2020-12-27

Reporting Person: Newberry Darren C (SVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-27	Common Stock	M	747	—	Acquired	5806	Direct
2020-12-27	Common Stock	F	225	$92.30	Disposed	5581	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-27	Restricted Stock Units	$	M	515	Disposed		Common Stock (747.0)	Direct

Footnotes

F1: Following vesting of the restricted stock units, which are referred to by the Company as market stock units (MSUs), the Reporting Person received 1.44969 times the number of MSUs in shares of Company common stock.

F2: The MSUs vested on December 27, 2020 and were settled in Company common stock.