James Lyski - 03 Aug 2021 Form 4 Insider Report for CARMAX INC (KMX)

Role: EVP & Chief Marketing Officer
Signature: Christine Carter, attorney-in-fact
Issuer symbol: KMX
Transactions as of: 03 Aug 2021
Net transactions value: -$5,549,670
Form type: 4
Filing time: 05 Aug 2021, 16:28:38 UTC
Next filing: 28 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KMX	Common Stock	Options Exercise	$3,259,350	+63,129	+396%	$51.63	79,084	03 Aug 2021	Direct
transaction	KMX	Common Stock	Sale	$8,809,021	-63,129	-80%	$139.54	15,955	03 Aug 2021	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	-63,129	-100%	$0.000000^*	0	03 Aug 2021	Common Stock	63,129	$51.63	Direct	F2

* 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 $139.18 to $139.80. 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 April 12, 2017, April 12, 2018, April 12, 2019 and April 12, 2020 and are now fully exercisable.