0001225208-24-003379.txt : 20240301 0001225208-24-003379.hdr.sgml : 20240301 20240301162724 ACCESSION NUMBER: 0001225208-24-003379 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240228 FILED AS OF DATE: 20240301 DATE AS OF CHANGE: 20240301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCHULZE RICHARD M CENTRAL INDEX KEY: 0001006394 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09595 FILM NUMBER: 24710307 MAIL ADDRESS: STREET 1: BEST BUY CO INC STREET 2: 7075 FLYING CLOUD DRIVE CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BEST BUY CO INC CENTRAL INDEX KEY: 0000764478 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 410907483 STATE OF INCORPORATION: MN FISCAL YEAR END: 0203 BUSINESS ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 BUSINESS PHONE: 6122911000 MAIL ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 FORMER COMPANY: FORMER CONFORMED NAME: BEST BUYS CO INC DATE OF NAME CHANGE: 19900809 4 1 doc4.xml X0508 4 2024-02-28 0000764478 BEST BUY CO INC BBY 0001006394 SCHULZE RICHARD M 7601 PENN AVENUE S. RICHFIELD MN 55423 1 1 Chairman Emeritus 1 Common Stock 2024-02-28 4 S 0 3093.0000 80.0567 D 521355.0000 I Family Foundation Common Stock 2024-02-29 4 S 0 4708.0000 85.4376 D 516647.0000 I Family Foundation Common Stock 2024-02-29 4 S 0 15120.0000 81.5944 D 501527.0000 I Family Foundation Common Stock 2024-02-29 4 S 0 21114.0000 82.6246 D 480413.0000 I Family Foundation Common Stock 2024-02-29 4 S 0 25791.0000 84.6494 D 454622.0000 I Family Foundation Common Stock 2024-02-29 4 S 0 36995.0000 83.6951 D 417627.0000 I Family Foundation Common Stock 2024-02-29 4 S 0 76378.0000 80.8088 D 341249.0000 I Family Foundation Common Stock 2024-02-28 4 S 0 2784.0000 80.0566 D 917155.0000 I Sole general partner of limited partnership B Common Stock 2024-02-29 4 S 0 4234.0000 85.4378 D 912921.0000 I Sole general partner of limited partnership B Common Stock 2024-02-29 4 S 0 13607.0000 81.5945 D 899314.0000 I Sole general partner of limited partnership B Common Stock 2024-02-29 4 S 0 18999.0000 82.6245 D 880315.0000 I Sole general partner of limited partnership B Common Stock 2024-02-29 4 S 0 23217.0000 84.6495 D 857098.0000 I Sole general partner of limited partnership B Common Stock 2024-02-29 4 S 0 33296.0000 83.6950 D 823802.0000 I Sole general partner of limited partnership B Common Stock 2024-02-29 4 S 0 68742.0000 80.8089 D 755060.0000 I Sole general partner of limited partnership B Common Stock 2024-02-28 4 S 0 7855.0000 80.0566 D 19233603.0000 I Trustee for Revocable Trust Common Stock 2024-02-29 4 S 0 11959.0000 85.4376 D 19221644.0000 I Trustee for Revocable Trust Common Stock 2024-02-29 4 S 0 38400.0000 81.5944 D 19183244.0000 I Trustee for Revocable Trust Common Stock 2024-02-29 4 S 0 53634.0000 82.6246 D 19129610.0000 I Trustee for Revocable Trust Common Stock 2024-02-29 4 S 0 65515.0000 84.6494 D 19064095.0000 I Trustee for Revocable Trust Common Stock 2024-02-29 4 S 0 93959.0000 83.6951 D 18970136.0000 I Trustee for Revocable Trust Common Stock 2024-02-29 4 S 0 194002.0000 80.8089 D 18776134.0000 I Trustee for Revocable Trust Common Stock 69850.1952 I 401(k) Common Stock 2061.0000 I IRA Common Stock 31672.0000 I Sole member of LLC which is sole general partner of limited partnership A Common Stock 1153938.0000 I Spousal GRAT Common Stock 172831.0000 I Spouse Irrevocable Trust The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.31, 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 $85.18 to $85.99, 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 $81.18 to $82.17, 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 $82.18 to $83.175, 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 $84.18 to $85.17, 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 $83.18 to $84.17, 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 $80.18 to $81.17, 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 February 28, 2024. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on October 6, 2023. /s/ Jodie H. Crist, Attorney-in-fact 2024-03-01