CARMAX INC — Director's Dealing 2020

Jul 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2020-07-22

Reporting Person: FOLLIARD THOMAS J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-22	Common Stock	M	254731	$73.76	Acquired	466687	Direct
2020-07-22	Common Stock	S	169564	$97.78	Disposed	297123	Direct
2020-07-22	Common Stock	S	85167	$97.26	Disposed	211956	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-22	Stock Options (Right to Buy)	$73.76	M	254731	Disposed	2022-04-08	Common Stock (254731.0)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $97.50 to $98.01. 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 $97.00 to $97.49. 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 8, 2016, April 8, 2017, April 8, 2018 and April 8, 2019 and are now fully exercisable.