SEC Form 4 · accession 0001225208-18-006241
BEST BUY CO INC · BBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hubert Joly
Officer — Chairman & CEO · Director
Period of report
Mar 13, 2018
Accepted (ET)
Mar 15, 2018 · 5:43 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 14, 2018 | S | 11,773 | $70.496 | D | 728,564 | 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)F2 | $71.52 | Mar 13, 2018 | A | 103,981 | A | Mar 13, 2018 | Mar 12, 2028 | Common Stock | 103,981 | 103,981 | 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 date indicated is the grant date and the options vest in three equal annual installments beginning one year from such date.