Richard M. Schulze - 06 Dec 2023 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role: Chairman Emeritus, 10%+ Owner
Signature: /s/ Jodie H. Crist, Attorney-in-fact
Issuer symbol: BBY
Transactions as of: 06 Dec 2023
Net transactions value: -$21,613,921
Form type: 4
Filing time: 08 Dec 2023, 16:33:19 UTC
Previous filing: 26 Jul 2023
Next filing: 13 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	Sale	$4,585,121	-61,055	-17%	$75.10	288,393	06 Dec 2023	Family Foundation	F1
transaction	BBY	Common Stock	Sale	$1,590,296	-21,194	-7.3%	$75.04	267,199	07 Dec 2023	Family Foundation
transaction	BBY	Common Stock	Sale	$11,462,839	-152,638	-0.76%	$75.10	20,025,020	06 Dec 2023	Trustee for Revocable Trust	F1
transaction	BBY	Common Stock	Gift	$0	-226	-0%	$0.000000	20,024,794	07 Dec 2023	Trustee for Revocable Trust
transaction	BBY	Common Stock	Sale	$3,975,665	-52,984	-0.26%	$75.04	19,971,810	07 Dec 2023	Trustee for Revocable Trust
holding	BBY	Common Stock						69,078	06 Dec 2023	401(k)	F2
holding	BBY	Common Stock						2,061	06 Dec 2023	IRA
holding	BBY	Common Stock						919,939	06 Dec 2023	Sole general partner of limited partnership B
holding	BBY	Common Stock						31,672	06 Dec 2023	Sole member of LLC which is sole general partner of limited partnership A
holding	BBY	Common Stock						1,153,938	06 Dec 2023	Spousal GRAT
holding	BBY	Common Stock						172,831	06 Dec 2023	Spouse Irrevocable Trust

* 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 $75.015 to $75.28, 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.
F2	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 December 6, 2023.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.015 to $75.28, 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.

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 December 6, 2023.