0001170010-17-000076.txt : 20170503 0001170010-17-000076.hdr.sgml : 20170503 20170503163501 ACCESSION NUMBER: 0001170010-17-000076 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170501 FILED AS OF DATE: 20170503 DATE AS OF CHANGE: 20170503 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CARMAX INC CENTRAL INDEX KEY: 0001170010 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 541821055 STATE OF INCORPORATION: VA FISCAL YEAR END: 0228 BUSINESS ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PARKWAY CITY: RICHMOND STATE: VA ZIP: 23238 BUSINESS PHONE: (804) 747-0422 MAIL ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PARKWAY CITY: RICHMOND STATE: VA ZIP: 23238 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MARGOLIN ERIC M CENTRAL INDEX KEY: 0001236893 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31420 FILM NUMBER: 17809695 MAIL ADDRESS: STREET 1: C/O ADVANCE AUTO PARTS STREET 2: 5673 AIRPORT RD CITY: ROANOKE STATE: VA ZIP: 24012 4 1 wf-form4_149384368435178.xml FORM 4 X0306 4 2017-05-01 0 0001170010 CARMAX INC KMX 0001236893 MARGOLIN ERIC M 12800 TUCKAHOE CREEK PKWY RICHMOND VA 23238 0 1 0 0 EVP, Gen. Counsel & Secretary Stock Options (Right to Buy) 58.38 2017-05-01 4 A 0 81063 0 A 2024-05-01 Common Stock 81063.0 81063 D The stock options were granted in tandem with stock appreciation rights (SARS). Accordingly, the exercise of one results in the surrender to the Company of the other. The SARS become exercisable only following a change in control of the Company as set forth in the Company's 2002 Stock Incentive Plan, as amended and restated. Once exercisable, the SARS would entitle the Reporting Person to receive the cash value of the options in lieu of exercising the options. The stock options become 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. Christine Carter, attorney-in-fact 2017-05-01