Jon G. Daniels - 20 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: 20 Jul 2023
Net transactions value: -$209,129
Form type: 4
Filing time: 24 Jul 2023, 16:11:59 UTC
Previous filing: 12 Jul 2023
Next filing: 28 Dec 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	$454,372	+7,783	+510%	$58.38	9,308	20 Jul 2023	Direct
transaction	KMX	Common Stock	Sale	$663,501	-7,783	-84%	$85.25	1,525	20 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	-7,783	-44%	$0.000000	10,000	20 Jul 2023	Common Stock	7,783	$58.38	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.