SEC Form 4 · accession 0001225208-17-017667
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
Nov 22, 2017
Accepted (ET)
Nov 24, 2017 · 4:13 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 | Nov 22, 2017 | M | 29,048 | $40.85 | A | 107,503 | D | |
| Common Stock | Nov 22, 2017 | M | 15,187 | $29.91 | A | 122,690 | D | |
| Common StockF1 | Nov 22, 2017 | S | 44,235 | $56.7842 | D | 78,455 | D | |
| Common StockF2 | holding | — | — | — | 903 | 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) | $40.85 | Nov 22, 2017 | M | 29,048 | D | Mar 12, 2015 | Mar 11, 2025 | Common Stock | 29,048 | 14,524 | D |
| Stock Option (Right to Buy) | $29.91 | Nov 22, 2017 | M | 15,187 | D | Aug 18, 2014 | Aug 17, 2024 | Common Stock | 15,187 | 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 $56.58 to $57.00, 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.
- F2This number reflects a periodic adjustment 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 November 20, 2017.