Richard M. Schulze - Dec 6, 2023 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role: Chairman Emeritus, 10%+ Owner
Signature: /s/ Jodie H. Crist, Attorney-in-fact
Stock symbol: BBY
Transactions as of: Dec 6, 2023
Transactions value $: -$21,613,921
Form type: 4
Date filed: 12/8/2023, 04:33 PM
Previous filing: Jul 26, 2023
Next filing: Dec 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BBY	Common Stock	Sale	-$4.59M	-61.1K	-17.47%	$75.10	288K	Dec 6, 2023	Family Foundation	F1
transaction	BBY	Common Stock	Sale	-$1.59M	-21.2K	-7.35%	$75.04	267K	Dec 7, 2023	Family Foundation
transaction	BBY	Common Stock	Sale	-$11.5M	-153K	-0.76%	$75.10	20M	Dec 6, 2023	Trustee for Revocable Trust	F1
transaction	BBY	Common Stock	Gift	$0	-226	0%	$0.00	20M	Dec 7, 2023	Trustee for Revocable Trust
transaction	BBY	Common Stock	Sale	-$3.98M	-53K	-0.26%	$75.04	20M	Dec 7, 2023	Trustee for Revocable Trust
holding	BBY	Common Stock						69.1K	Dec 6, 2023	401(k)	F2
holding	BBY	Common Stock						2.06K	Dec 6, 2023	IRA
holding	BBY	Common Stock						920K	Dec 6, 2023	Sole general partner of limited partnership B
holding	BBY	Common Stock						31.7K	Dec 6, 2023	Sole member of LLC which is sole general partner of limited partnership A
holding	BBY	Common Stock						1.15M	Dec 6, 2023	Spousal GRAT
holding	BBY	Common Stock						173K	Dec 6, 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.