SEC Form 4 · accession 0001225208-16-038767
BEST BUY CO INC · BBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith J Nelsen
Officer — General Counsel & Secreta
Period of report
Aug 31, 2016
Accepted (ET)
Sep 2, 2016 · 4:19 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 | Aug 31, 2016 | M | 21,993 | $23.66 | A | 70,644 | D | |
| Common Stock | Aug 31, 2016 | M | 10,000 | $26.88 | A | 80,644 | D | |
| Common Stock | Aug 31, 2016 | M | 6,875 | $24.12 | A | 87,519 | D | |
| Common Stock | Aug 31, 2016 | M | 6,591 | $24.18 | A | 94,110 | D | |
| Common Stock | Aug 31, 2016 | M | 5,000 | $29.75 | A | 99,110 | D | |
| Common Stock | Aug 31, 2016 | M | 3,325 | $17.94 | A | 102,435 | D | |
| Common Stock | Aug 31, 2016 | M | 3,325 | $14.67 | A | 105,760 | D | |
| Common Stock | Aug 31, 2016 | M | 2,784 | $24.18 | A | 108,544 | D | |
| Common StockF1 | Aug 31, 2016 | S | 59,893 | $38.5092 | D | 48,651 | D | |
| Common Stock | holding | — | — | — | 875 | I | 401(k) |
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) | $14.67 | Aug 31, 2016 | M | 3,325 | D | Jan 16, 2013 | Jan 15, 2023 | Common Stock | 3,325 | 0 | D |
| Stock Option (Right to Buy) | $24.18 | Aug 31, 2016 | M | 2,784 | D | Feb 1, 2012 | Jan 31, 2022 | Common Stock | 2,784 | 6,591 | D |
| Stock Option (Right to Buy) | $24.18 | Aug 31, 2016 | M | 6,591 | D | Feb 1, 2012 | Jan 31, 2022 | Common Stock | 6,591 | 0 | D |
| Stock Option (Right to Buy) | $29.75 | Aug 31, 2016 | M | 5,000 | D | Apr 6, 2011 | Apr 5, 2021 | Common Stock | 5,000 | 0 | D |
| Stock Option (Right to Buy) | $23.66 | Aug 31, 2016 | M | 21,993 | D | Apr 16, 2013 | Apr 15, 2023 | Common Stock | 21,993 | 40,000 | D |
| Stock Option (Right to Buy) | $17.94 | Aug 31, 2016 | M | 3,325 | D | Sep 19, 2012 | Sep 18, 2022 | Common Stock | 3,325 | 0 | D |
| Stock Option (Right to Buy) | $24.12 | Aug 31, 2016 | M | 6,875 | D | Sep 21, 2011 | Sep 20, 2021 | Common Stock | 6,875 | 0 | D |
| Stock Option (Right to Buy) | $26.88 | Aug 31, 2016 | M | 10,000 | D | Oct 31, 2008 | Oct 30, 2018 | Common Stock | 10,000 | 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 $38.48 to $38.55, 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.