SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

SCHULZE RICHARD M

(Last)

(First)

(Middle)

7601 PENN AVENUE S.

(Street)

RICHFIELD

55423

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/25/2013

3. Issuer Name and Ticker or Trading Symbol
BEST BUY CO INC [ BBY ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman Emeritus

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,732,500	D
Common Stock	75,862.42	I	401(k)
Common Stock	2,228,419	I	Family Foundation
Common Stock	3,580,402	I	GRAT
Common Stock	2,061	I	IRA
Common Stock	950,169	I	Sole general partner of limited partnership B
Common Stock	31,672	I	Sole member of LLC which is sole general partner of limited partnership A
Common Stock	252,312	I	Sole member of LLC which is sole general partner of limited partnership C
Common Stock	1,143,043	I	Spousal GRAT
Common Stock	183,726	I	Spouse Irrevocable Trust
Common Stock	11,758	I	Spouse Revocable Trust
Common Stock	39,566	I	Trustee for Children's Trust
Common Stock	56,380,184	I	Trustee for Revocable Trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option (Right to Buy)	04/18/2005	04/17/2015	Common Stock	11,250	$32.79	D
Stock Option (Right to Buy)	04/19/2004	04/18/2014	Common Stock	11,250	$35.33	D
Stock Option (Right to Buy)	04/18/2006	04/27/2016	Common Stock	7,500	$56.66	D

Explanation of Responses:

Remarks:

schulze_poa.GIF

	/s/ Hannah G. Olson, Attorney-in-fact	04/03/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.