0001140361-14-016525.txt : 20140411 0001140361-14-016525.hdr.sgml : 20140411 20140411165408 ACCESSION NUMBER: 0001140361-14-016525 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140409 FILED AS OF DATE: 20140411 DATE AS OF CHANGE: 20140411 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: WYATT NATALIE L CENTRAL INDEX KEY: 0001522173 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31420 FILM NUMBER: 14760608 MAIL ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PKWY CITY: RICHMOND STATE: VA ZIP: 23238 4 1 doc1.xml FORM 4 X0306 4 2014-04-09 0 0001170010 CARMAX INC KMX 0001522173 WYATT NATALIE L 12800 TUCKAHOE CREEK PKWY RICHMOND VA 23238 0 1 0 0 VP & Controller Restricted Stock Units 0 2014-04-09 4 A 0 1768 0 A Common Stock 1768 D Stock Options (Right to Buy) 44.96 2014-04-09 4 A 0 22226 0 A 2015-04-09 2021-04-09 Common Stock 22226 22226 D SARS 44.96 2014-04-09 4 A 0 22226 0 A 2015-04-09 2021-04-09 Common Stock 22226 22226 D Shares of Company common stock will be issued to the Reporting Person following vesting of the restricted stock units, which are referred to by the Company as market stock units (MSUs), in accordance with the terms of the Form of Notice of Market Stock Unit Grant filed as Exhibit 10.2 to the Company's Current Report on Form 8-K filed on January 31, 2014. The minimum number of shares of Company common stock that will be issued to the Reporting Person at payment is zero, and the maximum number of shares of Company common stock that will be issued at payment is two times the number of MSUs. The restricted stock units shall vest on April 9, 2017. The stock options are exercisable with respect to one-fourth of the underlying shares of Company common stock on each of April 9, 2015, April 9, 2016, April 9, 2017 and April 9, 2018. The stock options and stock appreciation rights (SARs) were granted in tandem. Accordingly, the exercise of one results in the surrender to the Issuer of the other. The SARs, which will entitle the Reporting Person to receive the cash value of the options in lieu of exercising the options, become exercisable only following a change in control of the Issuer as set forth in the Issuer's 2002 Stock Incentive Plan, as amended and restated, a copy of which is attached as Exhibit 10.1 to the Company's Current Report on Form 8-K filed on June 29, 2012. Lisa Ferron Lee 2014-04-11