Kathleen Scarlett - Jul 5, 2023 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role
SEVP, HR, Corp Affair & Canada
Signature
/s/ Todd G. Hartman, Attorney-in-Fact
Stock symbol
BBY
Transactions as of
Jul 5, 2023
Transactions value $
-$2,779,684
Form type
4
Date filed
7/6/2023, 04:30 PM
Previous filing
Jun 2, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Options Exercise $1.73M +30K +46.13% $57.60 95K Jul 5, 2023 Direct
transaction BBY Common Stock Options Exercise $216K +4.19K +4.41% $51.65 99.2K Jul 5, 2023 Direct
transaction BBY Common Stock Sale -$2.78M -34.2K -34.46% $81.30 65K Jul 5, 2023 Direct F1

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 -$1.73M -30K -52.53% $57.60 27.1K Jul 5, 2023 Common Stock 30K $57.60 Direct
transaction BBY Stock Option (Right to Buy) Options Exercise -$216K -4.19K -100% $51.65 0 Jul 5, 2023 Common Stock 4.19K $51.65 Direct
* 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 $81.25 to $81.44, 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.