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CARMAX INC Director's Dealing 2021

Jan 22, 2021

30853_dirs_2021-01-22_5e4dcf75-466c-40fe-b5b5-3f778fc26bff.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: 2021-01-20

Reporting Person: Newberry Darren C (SVP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-01-20 Common Stock M 1827 $51.63 Acquired 7408 Direct
2021-01-20 Common Stock M 1587 $53.62 Acquired 8995 Direct
2021-01-20 Common Stock M 5773 $58.38 Acquired 14768 Direct
2021-01-20 Common Stock M 966 $65.20 Acquired 15734 Direct
2021-01-20 Common Stock M 10022 $63.04 Acquired 25756 Direct
2021-01-20 Common Stock S 9462 $124.23 Disposed 16294 Direct
2021-01-20 Common Stock S 10713 $123.82 Disposed 5581 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-01-20 Stock Options (Right to Buy) $51.63 M 1827 Disposed 2023-04-12 Common Stock (1827.0) Direct
2021-01-20 Stock Options (Right to Buy) $53.62 M 1587 Disposed 2023-09-26 Common Stock (1587.0) Direct
2021-01-20 Stock Options (Right to Buy) $58.38 M 5773 Disposed 2024-05-01 Common Stock (5773.0) Direct
2021-01-20 Stock Options (Right to Buy) $65.2 M 966 Disposed 2024-12-27 Common Stock (966.0) Direct
2021-01-20 Stock Options (Right to Buy) $63.04 M 10022 Disposed 2025-05-01 Common Stock (10022.0) Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $124.00 to $124.69. 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 $123.39 to $123.99. 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 12, 2017, April 12, 2018, April 12, 2019 and April 12, 2020 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 September 26, 2017, September 26, 2018, September 26, 2019 and September 26, 2020 and are now fully exercisable.

F5: The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 1, 2018, May 1, 2019 and May 1, 2020 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on May 1, 2021.

F6: The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of December 27, 2018, December 27, 2019 and December 27, 2020 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on December 27, 2021.

F7: The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 1, 2019 and May 1, 2020 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 1, 2021 and May 1, 2022.