Todd G. Hartman - Mar 9, 2022 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role
GC, Chief Risk Officer
Signature
/s/ Hannah G. Olson, Attorney-in-fact
Stock symbol
BBY
Transactions as of
Mar 9, 2022
Transactions value $
-$203,460
Form type
4
Date filed
3/11/2022, 03:38 PM
Previous filing
Jun 8, 2021
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Award $0 +6.47K +23.99% $0.00 33.5K Mar 9, 2022 Direct F1, F2
transaction BBY Common Stock Sale -$203K -2K -5.98% $101.73 31.5K Mar 9, 2022 Direct
holding BBY Common Stock 1.27K Mar 9, 2022 401(k) F3
holding BBY Common Stock 11.3K Mar 9, 2022 Trustee for Revocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted shares earned pursuant to an award approved by the Issuer on March 20, 2021, which was subject to achievement of positive adjusted net earnings as of the end of any fiscal year during the term of the award (the 'Performance Condition'). Satisfaction of the Performance Condition was approved by the Compensation and Human Resources Committee of the Board of Directors on March 9, 2022. The restricted shares will vest in three equal annual installments beginning March 20, 2022.
F2 This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).
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 January 28, 2022.