Richard M. Schulze - 28 Nov 2022 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role
Chairman Emeritus, 10%+ Owner
Signature
/s/ Hannah G. Olson, Attorney-in-fact
Issuer symbol
BBY
Transactions as of
28 Nov 2022
Net transactions value
-$29,999,014
Form type
4
Filing time
30 Nov 2022, 15:34:45 UTC
Previous filing
02 Jun 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Gift $0 +193,000 +25% $0.000000 956,248 22 Nov 2022 Family Foundation
transaction BBY Common Stock Sale $3,685,151 -44,818 -4.7% $82.22 911,430 28 Nov 2022 Family Foundation F1
transaction BBY Common Stock Sale $26,313,863 -321,282 -35% $81.90 590,148 28 Nov 2022 Family Foundation F2
transaction BBY Common Stock Gift $0 -404 -0% $0.000000 20,463,647 31 Aug 2022 Trustee for Revocable Trust
transaction BBY Common Stock Gift $0 -211 -0% $0.000000 20,463,436 19 Sep 2022 Trustee for Revocable Trust
transaction BBY Common Stock Gift $0 -193,000 -0.94% $0.000000 20,270,436 22 Nov 2022 Trustee for Revocable Trust
holding BBY Common Stock 74,525 28 Nov 2022 401(k) F3
holding BBY Common Stock 2,061 28 Nov 2022 IRA
holding BBY Common Stock 950,169 28 Nov 2022 Sole general partner of limited partnership B
holding BBY Common Stock 31,672 28 Nov 2022 Sole member of LLC which is sole general partner of limited partnership A
holding BBY Common Stock 1,153,938 28 Nov 2022 Spousal GRAT
holding BBY Common Stock 172,831 28 Nov 2022 Spouse Irrevocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.16 to $82.37, inclusive. The reporting person undertakes to provide to BBY, any security holder of BBY, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.16 to $82.155, inclusive. The reporting person undertakes to provide to BBY, any security holder of BBY, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
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 November 28, 2022.