Jason J. Bonfig - May 30, 2023 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role
Chief Merchandising Officer
Signature
/s/ Jodie H. Crist, Attorney-in-fact
Stock symbol
BBY
Transactions as of
May 30, 2023
Transactions value $
$0
Form type
4
Date filed
6/1/2023, 04:41 PM
Previous filing
Mar 22, 2023
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Award $0 +2.26K +4.86% $0.00 48.7K May 30, 2023 Direct F1, F2
holding BBY Common Stock 3.45K May 30, 2023 401(k) F3
* 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 March 20, 2020. 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 2, 2020, and ending on January 28, 2023. 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 30, 2023.
F2 This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).
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 March 27, 2023.