SEC Form 4 · accession 0001225208-18-006420
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 15, 2018
Accepted (ET)
Mar 19, 2018 · 5:20 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 15, 2018 | S | 29,795 | $69.81 | D | 698,769 | D | |
| Common StockF2 | Mar 15, 2018 | S | 99,220 | $69.434 | D | 599,549 | D | |
| Common StockF1,F3 | Mar 16, 2018 | S | 38,787 | $69.4769 | D | 560,762 | D | |
| Common StockF1,F4 | Mar 16, 2018 | S | 72,666 | $69.8397 | D | 488,096 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 2, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.705 to $69.695, 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.70 to $70.125, 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.