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