Mathew Watson - Jun 2, 2021 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role: SVP, Finance-Controller & CAO
Signature: /s/ Hannah G. Olson, Attorney-in-fact
Stock symbol: BBY
Transactions as of: Jun 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/4/2021, 04:37 PM
Previous filing: May 12, 2021
Next filing: Jun 8, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BBY	Common Stock	Award	$0	+1.35K	+10.24%	$0.00	14.5K	Jun 2, 2021	Direct	F1
transaction	BBY	Common Stock	Award	$0	+1.31K	+9.03%	$0.00	15.8K	Jun 2, 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the vesting and share settlement of a performance share award approved by the Issuer on March 12, 2018. Performance for this award was measured based on the compound growth rate of Issuer's enterprise revenue over the 36-month period commencing on February 4, 2018, and ending on January 30, 2021. The performance results and number of shares earned based on the results were approved by the Compensation and Human Resources Committee of the Board of Directors on June 2, 2021.
F2	Represents the vesting and share settlement of a performance share award approved by the Issuer on March 12, 2018. Performance for this award was measured based on the Issuer's total shareholder return (TSR) compared to the TSR of the companies within the S&P 500 Index, over the 36-month period commencing on February 4, 2018, and ending on January 30, 2021. The performance results and number of shares earned based on the results were approved by the Compensation and Human Resources Committee of the Board of Directors on June 2, 2021.

Content

Represents the vesting and share settlement of a performance share award approved by the Issuer on March 12, 2018. Performance for this award was measured based on the compound growth rate of Issuer's enterprise revenue over the 36-month period commencing on February 4, 2018, and ending on January 30, 2021. The performance results and number of shares earned based on the results were approved by the Compensation and Human Resources Committee of the Board of Directors on June 2, 2021.

Represents the vesting and share settlement of a performance share award approved by the Issuer on March 12, 2018. Performance for this award was measured based on the Issuer's total shareholder return (TSR) compared to the TSR of the companies within the S&P 500 Index, over the 36-month period commencing on February 4, 2018, and ending on January 30, 2021. The performance results and number of shares earned based on the results were approved by the Compensation and Human Resources Committee of the Board of Directors on June 2, 2021.