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

Signature
/s/ Todd G. Hartman, Attorney-in-Fact
Stock symbol
BBY
Transactions as of
Apr 14, 2023
Transactions value $
-$150,282
Form type
4
Date filed
4/18/2023, 05:09 PM
Previous filing
Mar 22, 2023
Next filing
Apr 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Options Exercise $76.7K +3.24K +0.89% $23.66 368K Apr 14, 2023 Direct F1, F2
transaction BBY Common Stock Tax liability -$150K -2.05K -0.56% $73.38 366K Apr 14, 2023 Direct F3
holding BBY Common Stock 2.89K Apr 14, 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 -$76.7K -3.24K -100% $23.66 0 Apr 14, 2023 Common Stock 3.24K $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.