Mathew Watson - May 27, 2022 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
May 27, 2022
Transactions value $
$0
Form type
4
Date filed
5/27/2022, 05:31 PM
Previous filing
Mar 23, 2022
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Award $0 +1.96K +10.65% $0.00 20.3K May 27, 2022 Direct F1, F2
transaction BBY Common Stock Award $0 +1.26K +6.18% $0.00 21.6K May 27, 2022 Direct 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 20, 2019. 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 3, 2019, and ending on January 29, 2022. 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 May 27, 2022.
F2 This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).
F3 Represents the vesting and share settlement of a performance share award approved by the Issuer on March 20, 2019. 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 3, 2019, and ending on January 29, 2022. The performance results and number of shares earned basedon the results were approved by the Compensation and Human Resources Committee of the Board of Directors on May 27, 2022.