0001170010-22-000043.txt : 20220503 0001170010-22-000043.hdr.sgml : 20220503 20220503181804 ACCESSION NUMBER: 0001170010-22-000043 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220501 FILED AS OF DATE: 20220503 DATE AS OF CHANGE: 20220503 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cafritz Diane L CENTRAL INDEX KEY: 0001702741 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31420 FILM NUMBER: 22888761 MAIL ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PARKWAY CITY: RICHMOND STATE: VA ZIP: 23238 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 4 1 wf-form4_165161622882153.xml FORM 4 X0306 4 2022-05-01 0 0001170010 CARMAX INC KMX 0001702741 Cafritz Diane L 12800 TUCKAHOE CREEK PARKWAY RICHMOND VA 23238 0 1 0 0 EVP, General Counsel & CHRO Common Stock 2022-05-01 4 F 0 1328 85.78 D 8080 D Stock Options (Right to Buy) 91.14 2022-05-02 4 A 0 32561 0 A 2029-05-02 Common Stock 32561.0 32561 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 2, 2023, May 2, 2024, May 2, 2025 and May 2, 2026. Christine Carter, attorney-in-fact 2022-05-03