William D. Nash - Jul 3, 2023 Form 4 Insider Report for CARMAX INC (KMX)

Role
President & CEO, Director
Signature
Christine Carter, attorney-in-fact
Stock symbol
KMX
Transactions as of
Jul 3, 2023
Transactions value $
-$4,321,661
Form type
4
Date filed
7/5/2023, 05:56 PM
Previous filing
May 3, 2023
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMX Common Stock Options Exercise $2.18M +40.6K +22.94% $53.62 218K Jul 3, 2023 Direct
transaction KMX Common Stock Options Exercise $7.59M +130K +59.68% $58.38 348K Jul 3, 2023 Direct
transaction KMX Common Stock Sale -$8.51M -103K -29.55% $82.83 245K Jul 3, 2023 Direct F1
transaction KMX Common Stock Sale -$5.58M -67.9K -27.69% $82.18 177K Jul 3, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KMX Stock Options (Right to Buy) Options Exercise $0 -40.6K -100% $0.00* 0 Jul 3, 2023 Common Stock 40.6K $53.62 Direct F3
transaction KMX Stock Options (Right to Buy) Options Exercise $0 -130K -55.85% $0.00 103K Jul 3, 2023 Common Stock 130K $58.38 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares with respect to this transaction were sold at prices ranging from $82.50 to $83.36. 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 $81.97 to $82.49 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 September 26, 2017, September 26, 2018, September 26, 2019 and September 26, 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 May 1, 2018, May 1, 2019, May 1, 2020 and May 1, 2021 and are now fully exercisable.