Corie S. Barry - 14 Apr 2023 Form 4 Insider Report for BEST BUY CO INC (BBY)

Signature
/s/ Todd G. Hartman, Attorney-in-Fact
Issuer symbol
BBY
Transactions as of
14 Apr 2023
Net transactions value
-$150,282
Form type
4
Filing time
18 Apr 2023, 17:09:44 UTC
Previous filing
22 Mar 2023
Next filing
27 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Options Exercise $76,729 +3,243 +0.89% $23.66 367,941 14 Apr 2023 Direct F1, F2
transaction BBY Common Stock Tax liability $150,282 -2,048 -0.56% $73.38 365,893 14 Apr 2023 Direct F3
holding BBY Common Stock 2,894 14 Apr 2023 401(k) F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BBY Stock Option (Right to Buy) Options Exercise $76,729 -3,243 -100% $23.66 0 14 Apr 2023 Common Stock 3,243 $23.66 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options that automatically exercised upon expiration pursuant to the terms of the award agreement.
F2 This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).
F3 Shares automatically withheld upon exercise of stock options to cover payment of exercise price and tax liability.
F4 This number reflects a periodic acquisition 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 March 27, 2023.