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

Role
Chairman Emeritus, 10%+ Owner
Signature
/s/ Hannah G. Olson, Attorney-in-fact
Stock symbol
BBY
Transactions as of
Nov 28, 2022
Transactions value $
-$29,999,014
Form type
4
Date filed
11/30/2022, 03:34 PM
Previous filing
Jun 2, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Gift $0 +193K +25.29% $0.00 956K Nov 22, 2022 Family Foundation
transaction BBY Common Stock Sale -$3.69M -44.8K -4.69% $82.22 911K Nov 28, 2022 Family Foundation F1
transaction BBY Common Stock Sale -$26.3M -321K -35.25% $81.90 590K Nov 28, 2022 Family Foundation F2
transaction BBY Common Stock Gift $0 -404 0% $0.00 20.5M Aug 31, 2022 Trustee for Revocable Trust
transaction BBY Common Stock Gift $0 -211 0% $0.00 20.5M Sep 19, 2022 Trustee for Revocable Trust
transaction BBY Common Stock Gift $0 -193K -0.94% $0.00 20.3M Nov 22, 2022 Trustee for Revocable Trust
holding BBY Common Stock 74.5K Nov 28, 2022 401(k) F3
holding BBY Common Stock 2.06K Nov 28, 2022 IRA
holding BBY Common Stock 950K Nov 28, 2022 Sole general partner of limited partnership B
holding BBY Common Stock 31.7K Nov 28, 2022 Sole member of LLC which is sole general partner of limited partnership A
holding BBY Common Stock 1.15M Nov 28, 2022 Spousal GRAT
holding BBY Common Stock 173K Nov 28, 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.