John M. Stuckey III - Jul 7, 2024 Form 3 Insider Report for CARMAX INC (KMX)

Signature
Christine Carter, attorney-in-fact
Stock symbol
KMX
Transactions as of
Jul 7, 2024
Transactions value $
$0
Form type
3
Date filed
7/15/2024, 04:11 PM
Next filing
Jul 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KMX Common Stock 969 Jul 7, 2024 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
holding KMX Stock Options (Right to Buy) Jul 7, 2024 Common Stock 19.7K $63.04 Direct F2
holding KMX Stock Options (Right to Buy) Jul 7, 2024 Common Stock 17.2K $78.61 Direct F3
holding KMX Stock Options (Right to Buy) Jul 7, 2024 Common Stock 16.8K $71.07 Direct F4
holding KMX Stock Options (Right to Buy) Jul 7, 2024 Common Stock 13.5K $136.94 Direct F5
holding KMX Stock Options (Right to Buy) Jul 7, 2024 Common Stock 18K $91.14 Direct F6
holding KMX Stock Options (Right to Buy) Jul 7, 2024 Common Stock 20.6K $70.48 Direct F7
holding KMX Stock Options (Right to Buy) Jul 7, 2024 Common Stock 13.9K $67.21 Direct F8
holding KMX Stock Options (Right to Buy) Jul 7, 2024 Common Stock 2.68K $71.21 Direct F9
holding KMX Restricted Stock Units Jul 7, 2024 Common Stock 1.58K Direct F10, F11
holding KMX Restricted Stock Units Jul 7, 2024 Common Stock 2.01K Direct F11, F12
holding KMX Restricted Stock Units Jul 7, 2024 Common Stock 4.26K Direct F11, F13
holding KMX Restricted Stock Units Jul 7, 2024 Common Stock 827 Direct F11, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reported reflect .6775 fractional share rounded to the next full share.
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, May 1, 2021 and May 1, 2022 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 May 1, 2020, May 1, 2021, May 1, 2022 and May 1, 2023 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, 2021, May 1, 2022, May 1, 2023 and May 1, 2024 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 3, 2022, May 3, 2023 and May 3, 2024 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on May 3, 2025.
F6 The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 2, 2023 and May 2, 2024 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 2, 2025 and May 2, 2026.
F7 The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on May 1, 2024 and become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 1, 2025, May 1, 2026 and May 1, 2027.
F8 The stock options become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 1, 2025, May 1, 2026, May 1, 2027 and May 1, 2028.
F9 The stock options become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of July 1, 2025, July 1, 2026, July 1, 2027 and July 1, 2028.
F10 The restricted stock units shall vest on May 2, 2025.
F11 Shares of Company common stock will be issued to the Reporting Person following vesting of the restricted stock units, which are referred to by the Company as market stock units (MSUs), in accordance with the terms of the Form of Notice of Market Stock Unit Grant filed as Exhibit 10.55 to the Company's Annual Report on Form 10-K filed on April 21, 2020. The minimum number of shares of Company common stock that will be issued to the Reporting Person at payment is zero, and the maximum number of shares of Company common stock that will be issued at payment is two times the number of MSUs.
F12 The restricted stock units shall vest on May 1, 2026.
F13 The restricted stock units shall vest on May 1, 2027.
F14 The restricted stock units shall vest on July 1, 2027.

Remarks:

Exhibit 24.1 - Power of Attorney