X0306 4 2016-12-07 0000764478 BEST BUY CO INC BBY 0001006394 SCHULZE RICHARD M 7601 PENN AVENUE S. RICHFIELD MN 55423 1 Common Stock 2016-10-21 5 G 0 51265.0000 0.0000 A 3669343.0000 I Family Foundation Common Stock 2016-12-07 4 S 0 500000.0000 48.3334 D 3169343.0000 I Family Foundation Common Stock 2016-12-08 4 S 0 125000.0000 49.1574 D 3044343.0000 I Family Foundation Common Stock 2016-12-09 4 S 0 50000.0000 48.9771 D 2994343.0000 I Family Foundation Common Stock 2016-03-23 5 J 0 257854.0000 0.0000 D 11629440.0000 I GRAT Common Stock 2016-10-27 5 J 0 413449.0000 0.0000 D 11215991.0000 I GRAT Common Stock 2016-03-01 5 G 0 42958.0000 0.0000 D 24263140.0000 I Trustee for Revocable Trust Common Stock 2016-03-23 5 J 0 257854.0000 0.0000 A 24520994.0000 I Trustee for Revocable Trust Common Stock 2016-08-30 5 G 0 718.0000 0.0000 D 24520276.0000 I Trustee for Revocable Trust Common Stock 2016-10-27 5 J 0 413449.0000 0.0000 A 24933725.0000 I Trustee for Revocable Trust Common Stock 1732500.0000 D Common Stock 77086.3915 I 401(k) Common Stock 2061.0000 I IRA Common Stock 950169.0000 I Sole general partner of limited partnership B Common Stock 31672.0000 I Sole member of LLC which is sole general partner of limited partnership A Common Stock 252312.0000 I Sole member of LLC which is sole general partner of limited partnership C Common Stock 1143043.0000 I Spousal GRAT Common Stock 183726.0000 I Spouse Irrevocable Trust Common Stock 12309.0000 I Spouse Revocable Trust The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.04 to $48.53, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.52 to $49.39, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.755 to $49.095, 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 2, 2016. /s/ Hannah G. Olson, Attorney-in-fact 2016-12-09