SEC Form 4 · accession 0001225208-16-029718
BEST BUY CO INC · BBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon McCollam
Officer — Chief Admin Officer & CFO
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 4:36 pm EST
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 | Mar 9, 2016 | M | 383,142 | $12.39 | A | 690,731 | D | |
| Common Stock | Mar 9, 2016 | M | 128,755 | $23.66 | A | 819,486 | D | |
| Common StockF1 | Mar 9, 2016 | S | 511,897 | $34.1465 | D | 307,589 | D |
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) | $23.66 | Mar 9, 2016 | M | 128,755 | D | Apr 16, 2013 | Apr 15, 2023 | Common Stock | 128,755 | 64,378 | D |
| Stock Option (Right to Buy) | $12.39 | Mar 9, 2016 | M | 383,142 | D | Dec 10, 2012 | Dec 9, 2022 | Common Stock | 383,142 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.85 to $34.44, 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.