Sec Form 4 Filing - GARTEN JEFFREY E @ CARMAX INC - 2015-04-07

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person GARTEN JEFFREY E 2. Issuer Name and Ticker or Trading Symbol CARMAX INC [ KMX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 12800 TUCKAHOE CREEK PARKWAY 3. Date of Earliest Transaction (MM/DD/YY) 04/07/2015 (Street) RICHMOND, VA23238 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 04/07/2015 M 7,610 A $ 14.49 30,745 D Common Stock 04/07/2015 M 5,787 A $ 19.98 36,532 D Common Stock 04/07/2015 M 3,621 A $ 33.11 40,153 D Common Stock 04/07/2015 M 4,897 A $ 25.12 45,050 D Common Stock 04/07/2015 S 21,915 D $ 73.5 ( 1 ) 23,135 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Options (Right to Buy) $ 14.49 04/07/2015 M 7,610 ( 2 ) 06/26/2016 Common Stock 7,610 $ 0 0 D Stock Options (Right to Buy) $ 19.98 04/07/2015 M 5,787 ( 3 ) 07/01/2017 Common Stock 5,787 $ 0 0 D Stock Options (Right to Buy) $ 33.11 04/07/2015 M 3,621 ( 4 ) 06/30/2018 Common Stock 3,621 $ 0 0 D Stock Options (Right to Buy) $ 25.12 04/07/2015 M 4,897 ( 5 ) 06/28/2019 Common Stock 4,897 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other GARTEN JEFFREY E 12800 TUCKAHOE CREEK PARKWAY RICHMOND, VA23238 X Signatures Will Hulcher, attorney-in-fact 04/09/2015 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The shares with respect to this transaction were sold at prices ranging from $73.37 to $73.60. Upon request, the Reporting Person will provide the Securities and Exchange Commission staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price. ( 2 )The options, representing a right to purchase a total of 7,610 shares, became exercisable in three annual installments beginning on June 26, 2010, which was the first anniversary of the date on which the options were granted. ( 3 )The options, representing a right to purchase a total of 5,787 shares, became exercisable in three annual installments beginning on July 1, 2011, which was the first anniversary of the date on which the options were granted. ( 4 )The options, representing a right to purchase a total of 3,621 shares, became exercisable in three annual installments beginning on June 30, 2012, which was the first anniversary of the date on which the options were granted. ( 5 )The options, representing a right to purchase a total of 4,897 shares, became exercisable on June 28, 2013, which was the first anniversary of the date on which the options were granted.

Remarks: Exhibit List:Exhibit 24.1 - Power of Attorney

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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