X0306 4 2017-03-13 0000764478 BEST BUY CO INC BBY 0001467638 Joly Hubert 7601 PENN AVENUE S. RICHFIELD MN 55423 1 1 Chairman & CEO Common Stock 2017-03-13 4 A 0 99337.0000 0.0000 A 613930.1480 D Common Stock 2017-03-13 4 F 0 9139.0000 44.8500 D 604791.1480 D Stock Option (Right to Buy) 44.8500 2017-03-13 4 A 0 175596.0000 44.8500 A 2017-03-13 2027-03-12 Common Stock 175596.0000 175596.0000 D Represents restricted shares earned pursuant to an award approved by the Issuer on March 15, 2016, which was subject to achievement of positive adjusted net earnings as of the end of any fiscal year during the term of the award (the 'Performance Condition'). Satisfaction of the Performance Condition was approved by the Compensation & Human Resources Committee of the Board of Directors on March 13, 2017. The restricted shares will vest in three equal annual installments beginning March 14, 2017. Shares automatically withheld upon vesting of restricted shares to satisfy tax withholding obligation. The date indicated is the grant date and the options vest in three equal annual installments beginning one year from such date. /s/ Hannah G. Olson, Attorney-in-fact 2017-03-15