SEC Form 4 · accession 0001225208-15-010223
BEST BUY CO INC · BBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Schulze
10% Owner
Period of report
Apr 17, 2015
Accepted (ET)
Apr 20, 2015 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000764478
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 17, 2015 | M | 11,250 | $32.79 | A | 1,743,750 | D | |
| Common Stock | Apr 17, 2015 | S | 11,250 | $36.69 | D | 1,732,500 | D | |
| Common Stock | Mar 25, 2015 | J | 199,223 | $0.00 | D | 17,229,212 | I | GRAT |
| Common Stock | Mar 25, 2015 | J | 199,223 | $0.00 | A | 21,021,522 | I | Trustee for Revocable Trust |
| Common StockF1 | holding | — | — | — | 77,285 | I | 401(k) | |
| Common Stock | holding | — | — | — | 2,591,972 | I | Family Foundation | |
| Common Stock | holding | — | — | — | 2,061 | I | IRA | |
| Common Stock | holding | — | — | — | 950,169 | I | Sole general partner of limited partnership B | |
| Common Stock | holding | — | — | — | 31,672 | I | Sole member of LLC which is sole general partner of limited partnership A | |
| Common Stock | holding | — | — | — | 252,312 | I | Sole member of LLC which is sole general partner of limited partnership C | |
| Common Stock | holding | — | — | — | 1,143,043 | I | Spousal GRAT | |
| Common Stock | holding | — | — | — | 183,726 | I | Spouse Irrevocable Trust | |
| Common Stock | holding | — | — | — | 12,309 | I | Spouse Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $32.79 | Apr 17, 2015 | M | 11,250 | D | Apr 18, 2005 | Apr 17, 2015 | Common Stock | 11,250 | 0 | D |
Explanation of responses
- F1This number reflects a periodic acquisition 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 April 16, 2015.