SEC Form 4 · accession 0001225208-17-010536
BEST BUY CO INC · BBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rajendra M Mohan
Officer — Chief Merch & Mktg Officer
Period of report
May 25, 2017
Accepted (ET)
May 30, 2017 · 5:17 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 | May 25, 2017 | S | 2,437 | $57.299 | D | 107,563 | D | |
| Common Stock | May 26, 2017 | M | 4,878 | $47.84 | A | 112,441 | D | |
| Common StockF2 | May 26, 2017 | S | 61,194 | $60.1284 | D | 51,247 | 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) | $47.84 | May 26, 2017 | M | 4,878 | D | Oct 18, 2007 | Oct 17, 2017 | Common Stock | 4,878 | 0 | D |
Explanation of responses
- F1Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares and does not represent a discretionary transaction by the reporting person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.89 to $60.61, 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.