Jon G. Daniels - 11 Jul 2023 Form 4 Insider Report for CARMAX INC (KMX)

Role
SVP, CAF
Signature
Christine Carter, attorney-in-fact
Issuer symbol
KMX
Transactions as of
11 Jul 2023
Net transactions value
-$746,731
Form type
4
Filing time
12 Jul 2023, 16:10:42 UTC
Previous filing
30 Jun 2023
Next filing
24 Jul 2023
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 $583,800 +10,000 +138% $58.38 17,255 11 Jul 2023 Direct
transaction KMX Common Stock Sale $845,200 -10,000 -58% $84.52 7,255 11 Jul 2023 Direct F1
transaction KMX Common Stock Sale $485,331 -5,730 -79% $84.70 1,525 11 Jul 2023 Direct

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 -10,000 -36% $0.000000 17,783 11 Jul 2023 Common Stock 10,000 $58.38 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 $84.50 to $84.59. 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.