CARMAX INC — Director's Dealing 2022

Jan 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARMAX INC (KMX)
CIK: 0001170010
Period of Report: 2021-12-30

Reporting Person: Wilson Charles Joseph (SVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-30	Common Stock	M	15065	$63.04	Acquired	26833	Direct
2021-12-30	Common Stock	M	994	$65.20	Acquired	27827	Direct
2021-12-30	Common Stock	S	16059	$127.48	Disposed	11768	Direct
2021-12-30	Common Stock	G	787	—	Disposed	10981	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-30	Stock Options (Right to Buy)	$63.04	M	15065	Disposed	2025-05-01	Common Stock (15065.0)	Direct
2021-12-30	Stock Options (Right to Buy)	$65.2	M	994	Disposed	2024-12-27	Common Stock (994.0)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $127.44 to $127.75. 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 May 1, 2019, May 1, 2020, and May 1, 2021 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on May 1, 2022.

F3: 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, December 27, 2020 and December 27, 2021.