Corie S. Barry - Jun 2, 2021 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role
CEO, Director
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
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 +17K +8.72% $0.00 212K Jun 2, 2021 Direct F1
transaction BBY Common Stock Award $0 +16.5K +7.79% $0.00 228K Jun 2, 2021 Direct F2
holding BBY Common Stock 2.53K Jun 2, 2021 401(k) F3
* 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.
F3 This number reflects a periodic adjustment of shares under the employee retirement savings account (401(k)) exempt from reporting under Rule 16b-3(c). Total is based on a plan statement as of June 1, 2021.