Matthew M. Bilunas - May 27, 2022 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role: Chief Financial Officer
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, 05:32 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	+4.13K	+7.62%	$0.00	58.4K	May 27, 2022	Direct	F1, F2
transaction	BBY	Common Stock	Award	$0	+2.94K	+5.03%	$0.00	61.3K	May 27, 2022	Direct	F3
transaction	BBY	Common Stock	Award	$0	+2.88K	+4.69%	$0.00	64.2K	May 27, 2022	Direct	F4
transaction	BBY	Common Stock	Award	$0	+1.89K	+2.94%	$0.00	66.1K	May 27, 2022	Direct	F5

* 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 August 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 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.
F4	Represents the vesting and share settlement of a performance share award approved by the Issuer on August 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.
F5	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.