0001170010-24-000047.txt : 20240503
0001170010-24-000047.hdr.sgml : 20240503
20240503163324
ACCESSION NUMBER: 0001170010-24-000047
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240501
FILED AS OF DATE: 20240503
DATE AS OF CHANGE: 20240503
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Newberry Darren C
CENTRAL INDEX KEY: 0001721939
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31420
FILM NUMBER: 24913766
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]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 541821055
STATE OF INCORPORATION: VA
FISCAL YEAR END: 0229
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
wk-form4_1714768387.xml
FORM 4
X0508
4
2024-05-01
0
0001170010
CARMAX INC
KMX
0001721939
Newberry Darren C
12800 TUCKAHOE CREEK PARKWAY
RICHMOND
VA
23238
0
1
0
0
SVP
0
Stock Options (Right to Buy)
67.21
2024-05-01
4
A
0
20452
0
A
2031-05-01
Common Stock
20452
20452
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, 2025, May 1, 2026, May 1, 2027 and May 1, 2028.
Christine Carter, attorney-in-fact
2024-05-03