0001140361-14-036778.txt : 20141001
0001140361-14-036778.hdr.sgml : 20140930
20140930162430
ACCESSION NUMBER: 0001140361-14-036778
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140926
FILED AS OF DATE: 20140930
DATE AS OF CHANGE: 20140930
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: 0215
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: Lyski James
CENTRAL INDEX KEY: 0001376853
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31420
FILM NUMBER: 141130024
MAIL ADDRESS:
STREET 1: ONE NATIONWIDE PLAZA 1-38-06
CITY: COLUMBUS
STATE: OH
ZIP: 43215
4
1
doc1.xml
FORM 4
X0306
4
2014-09-26
0
0001170010
CARMAX INC
KMX
0001376853
Lyski James
12800 TUCKAHOE CREEK PARKWAY
RICHMOND
VA
23238
0
1
0
0
SVP & Chief Marketing Officer
Restricted Stock Units
0
2014-09-26
4
A
0
2563
0
A
Common Stock
2563
D
Stock Options (Right to Buy)
47.47
2014-09-26
4
A
0
29801
0
A
2021-09-26
Common Stock
29801
29801
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 September 26, 2017.
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 September 26, 2015, September 26, 2016, September 26, 2017 and September 26, 2018.
Christine Carter, attorney-in-fact
2014-09-30