SEC Form 4 · accession 0001225208-18-005288
BEST BUY CO INC · BBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Corie S Barry
Officer — CFO
Period of report
Mar 2, 2018
Accepted (ET)
Mar 5, 2018 · 5:10 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 StockF1 | Mar 2, 2018 | A | 23,670 | $0.00 | A | 78,545 | D | |
| Common StockF2 | holding | — | — | — | 2,117 | I | 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares earned pursuant to an award approved by the Issuer on March 13, 2017, which was subject to achievement of positive adjusted net earnings as of the end of any fiscal year during the term of the award (the 'Performance Condition'). Satisfaction of the Performance Condition was approved by the Compensation and Human Resources Committee of the Board of Directors on March 2, 2018. The restricted shares will vest in three equal annual installments beginning March 13, 2018.
- 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 February 2, 2018.