Kathleen Scarlett - 05 Jul 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
Issuer symbol
BBY
Transactions as of
05 Jul 2023
Net transactions value
-$2,779,684
Form type
4
Filing time
06 Jul 2023, 16:30:21 UTC
Previous filing
02 Jun 2023
Next filing
12 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Options Exercise $1,728,000 +30,000 +46% $57.60 95,039 05 Jul 2023 Direct
transaction BBY Common Stock Options Exercise $216,465 +4,191 +4.4% $51.65 99,230 05 Jul 2023 Direct
transaction BBY Common Stock Sale $2,779,684 -34,191 -34% $81.30 65,039 05 Jul 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 $1,728,000 -30,000 -53% $57.60 27,109 05 Jul 2023 Common Stock 30,000 $57.60 Direct
transaction BBY Stock Option (Right to Buy) Options Exercise $216,465 -4,191 -100% $51.65 0 05 Jul 2023 Common Stock 4,191 $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.