SEC Form 4 · accession 0001225208-16-031406
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
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 5:21 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 StockF1 | Apr 11, 2016 | A | 89,603 | $0.00 | A | 390,926 | D | |
| Common StockF2 | Apr 12, 2016 | F | 43,189 | $30.82 | D | 347,737 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the vesting and share settlement of a performance share award approved by the Issuer on April 16, 2013. Performance for this award was measured based on the Issuer's total shareholder return (TSR) compared to the TSR of all of the companies within the S&P 500 Index. The performance results and number of shares earned based on the results were approved by the Compensation & Human Resources Committee of the Board of Directors on April 11, 2016.
- F2Shares automatically withheld upon vesting of restricted shares to satisfy tax withholding obligation.