Mohammad Shamim - 28 Jun 2023 Form 4 Insider Report for CARMAX INC (KMX)

Signature
Christine Carter, attorney-in-fact
Issuer symbol
KMX
Transactions as of
28 Jun 2023
Transactions value $
-$706,844
Form type
4
Filing time
30 Jun 2023, 16:18:20
Previous filing
03 May 2023
Next filing
22 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMX Common Stock Options Exercise $1.62M +27.8K +255.07% $58.38 38.7K 28 Jun 2023 Direct
transaction KMX Common Stock Sale -$1.88M -22.5K -58.24% $83.69 16.2K 28 Jun 2023 Direct F1
transaction KMX Common Stock Sale -$444K -5.26K -32.57% $84.39 10.9K 28 Jun 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 -27.8K -100% $0.00* 0 28 Jun 2023 Common Stock 27.8K $58.38 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 $83.32 to $83.99. 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 $84.02 to $84.86. 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 May 1, 2018, May 1, 2019, May 1, 2020 and May 1, 2021 and are now fully exercisable.