SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Grafton Susan S

(Last) (First) (Middle)
7601 PENN AVENUE S.

(Street)
RICHFIELD MN 55423

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BEST BUY CO INC [ BBY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Cont. & Chief Acct. Off.
3. Date of Earliest Transaction (Month/Day/Year)
01/16/2013
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/16/2013 A 1,000(1) A $0.0000 31,884.553 D
Common Stock 3,776.93(2) I 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $14.67 01/16/2013 A 3,990 01/16/2013(3) 01/15/2023 Common Stock 3,990 $0.0000 3,990 D
Stock Option (Right to Buy) $35.67 01/12/2011 01/11/2021 Common Stock 2,500 2,500 D
Stock Option (Right to Buy) $39.73 01/13/2010 01/12/2020 Common Stock 2,402 2,402 D
Stock Option (Right to Buy) $24.18 02/01/2012 01/31/2022 Common Stock 6,250 6,250 D
Stock Option (Right to Buy) $29.75 04/06/2011 04/05/2021 Common Stock 2,500 2,500 D
Stock Option (Right to Buy) $44.2 04/07/2010 04/06/2020 Common Stock 2,402 2,402 D
Stock Option (Right to Buy) $22.06 04/18/2012 04/17/2022 Common Stock 3,000 3,000 D
Stock Option (Right to Buy) $31.54 06/20/2011 06/19/2021 Common Stock 2,657 2,657 D
Stock Option (Right to Buy) $20.31 06/20/2012 06/19/2022 Common Stock 3,990 3,990 D
Stock Option (Right to Buy) $32.98 06/23/2009 06/22/2019 Common Stock 4,803 4,803 D
Stock Option (Right to Buy) $36.63 06/23/2010 06/22/2020 Common Stock 2,500 2,500 D
Stock Option (Right to Buy) $41.19 08/05/2008 08/04/2018 Common Stock 8,500 8,500 D
Stock Option (Right to Buy) $37.59 09/17/2009 09/16/2019 Common Stock 2,402 2,402 D
Stock Option (Right to Buy) $17.94 09/19/2012 09/18/2022 Common Stock 3,990 3,990 D
Stock Option (Right to Buy) $38.32 09/20/2010 09/19/2020 Common Stock 2,500 2,500 D
Stock Option (Right to Buy) $24.12 09/21/2011 09/20/2021 Common Stock 1,329 1,329 D
Stock Option (Right to Buy) $36.73 10/11/2004 10/10/2014 Common Stock 8,978 8,978 D
Stock Option (Right to Buy) $47.84 10/18/2007 10/17/2017 Common Stock 9,145 9,145 D
Stock Option (Right to Buy) $55.46 10/23/2006 10/22/2016 Common Stock 9,055 9,055 D
Stock Option (Right to Buy) $26.88 10/31/2008 10/30/2018 Common Stock 10,410 10,410 D
Stock Option (Right to Buy) $39.59 11/03/2003 11/02/2013 Common Stock 3,000 3,000 D
Stock Option (Right to Buy) $46.8 11/08/2005 11/07/2015 Common Stock 9,312 9,312 D
Explanation of Responses:
1. Restricted shares that will vest in three equal annual installments beginning one year from the grant date.
2. This number reflects a periodic acquisition of shares under the employee retirement savings account (401(k)) exempt from reporting under Section 16b-3(c). Total is based on a plan statement as of January 15, 2013.
3. The date indicated is the grant date and the options vest in three equal annual installments beginning one year from such date.
/s/ Todd G. Hartman, Attorney-in-Fact 01/18/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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