SEC Form 4/A · accession 0001225208-17-018972
BEST BUY CO INC · BBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Richard M Schulze
10% Owner
Period of report
Dec 1, 2017
Accepted (ET)
Dec 20, 2017 · 6:51 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 | Dec 1, 2017 | S | 25,000 | $60.75 | D | 13,846,582 | I | GRAT |
| Common StockF1 | Dec 1, 2017 | S | 910,000 | $60.1674 | D | 12,936,582 | I | GRAT |
| Common StockF2 | Dec 4, 2017 | S | 65,000 | $61.0836 | D | 12,871,582 | I | GRAT |
| Common StockF3 | holding | — | — | — | 2,326,143 | I | Family Foundation | |
| Common StockF3 | holding | — | — | — | 19,973,903 | I | Trustee for Revocable Trust |
Table II — derivative securities
No Table II lines on this filing.
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 $59.75 to $60.52, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.45, 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.
- F3Reflects balance as of 12/05/2017 (the date of the original Form 4).
Remarks
This Amendment on Form 4/A corrects the source (as indicated in Column 7) of the shares sold on December 1 and December 4, 2017. Due to administrative error, the original Form 4 filed on December 5, 2017, inadvertently reported sales by the Trustee for Revocable Trust instead of the GRAT. Any later filed forms are deemed updated as applicable to reflect the corrections reported herein.