SEC Form 4 · accession 0001225208-18-006131
BEST BUY CO INC · BBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shari L Ballard
Officer — Pres, Multi-Channel, Retail
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 4:26 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 | Mar 12, 2018 | A | 47,350 | $0.00 | A | 142,270 | D | |
| Common StockF2 | Mar 13, 2018 | S | 3,475 | $72.447 | D | 138,795 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the vesting and share settlement of a performance share award approved by the Issuer on March 12, 2015. Performance for this award was measured based on the Issuer's total shareholder return (TSR) compared to the TSR of the companies within the S&P 500 Index. The performance results and number of shares earned based on the results were approved by the Compensation & Human Resources Committee of the Board of Directors on March 12, 2018.
- F2Represents 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.