Darren C. Newberry - Jul 12, 2023 Form 4 Insider Report for CARMAX INC (KMX)

Role
SVP
Signature
Christine Carter, attorney-in-fact
Stock symbol
KMX
Transactions as of
Jul 12, 2023
Transactions value $
-$443,972
Form type
4
Date filed
7/13/2023, 04:11 PM
Previous filing
May 3, 2023
Next filing
Apr 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMX Common Stock Options Exercise $337K +5.77K +41.92% $58.38 19.5K Jul 12, 2023 Direct
transaction KMX Common Stock Options Exercise $31.4K +482 +2.47% $65.20 20K Jul 12, 2023 Direct
transaction KMX Common Stock Sale -$812K -9.61K -47.98% $84.56 10.4K Jul 12, 2023 Direct F1

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 -5.77K -100% $0.00* 0 Jul 12, 2023 Common Stock 5.77K $58.38 Direct F2
transaction KMX Stock Options (Right to Buy) Options Exercise $0 -482 -100% $0.00* 0 Jul 12, 2023 Common Stock 482 $65.20 Direct F3
* 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 $84.49 to $84.64. 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, 2018, May 1, 2019, May 1, 2020 and May 1, 2021 and are now fully exercisable.
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 and are now fully exercisable.