0001225208-13-021552.txt : 20131003 0001225208-13-021552.hdr.sgml : 20131003 20131003174024 ACCESSION NUMBER: 0001225208-13-021552 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20131001 FILED AS OF DATE: 20131003 DATE AS OF CHANGE: 20131003 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BEST BUY CO INC CENTRAL INDEX KEY: 0000764478 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 410907483 STATE OF INCORPORATION: MN FISCAL YEAR END: 0201 BUSINESS ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 BUSINESS PHONE: 6122911000 MAIL ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 FORMER COMPANY: FORMER CONFORMED NAME: BEST BUYS CO INC DATE OF NAME CHANGE: 19900809 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCHULZE RICHARD M CENTRAL INDEX KEY: 0001006394 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09595 FILM NUMBER: 131134830 MAIL ADDRESS: STREET 1: BEST BUY CO INC STREET 2: 7075 FLYING CLOUD DRIVE CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 4 1 doc4.xml X0306 4 2013-10-01 0000764478 BEST BUY CO INC BBY 0001006394 SCHULZE RICHARD M 7601 PENN AVENUE S. RICHFIELD MN 55423 1 Common Stock 2013-10-01 4 S 0 372000.0000 37.9330 D 11708402.0000 I GRAT Common Stock 2013-10-02 4 S 0 236334.0000 37.6100 D 11472068.0000 I GRAT Common Stock 2013-10-03 4 S 0 100000.0000 37.5900 D 11372068.0000 I GRAT Common Stock 2013-08-09 5 G 0 454.0000 0.0000 D 56331354.0000 I Trustee for Revocable Trust Common Stock 2013-10-01 4 S 0 520000.0000 37.9400 D 46061354.0000 I Trustee for Revocable Trust Common Stock 2013-10-02 4 S 0 310000.0000 37.6200 D 45751354.0000 I Trustee for Revocable Trust Common Stock 2013-10-03 4 S 0 170000.0000 37.6300 D 45581354.0000 I Trustee for Revocable Trust Common Stock 1732500.0000 D Common Stock 77578.7220 I 401(k) Common Stock 2228419.0000 I Family Foundation Common Stock 2061.0000 I IRA Common Stock 950169.0000 I Sole general partner of limited partnership B Common Stock 31672.0000 I Sole member of LLC which is sole general partner of limited partnership A Common Stock 252312.0000 I Sole member of LLC which is sole general partner of limited partnership C Common Stock 1143043.0000 I Spousal GRAT Common Stock 183726.0000 I Spouse Irrevocable Trust Common Stock 12822.0000 I Spouse Revocable Trust Common Stock 45950.0000 I Trustee for Children's Trust The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on August 26, 2013. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.58 to $38.23, 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. These totals reflect 8,500,000 shares previously reported on a Form 4 filed August 28, 2012 as acquired by the Trustee for the Revocable Trust which should have been reported as acquired by a grantor retained annuity trust ("GRAT"), and which are now being reported as indirectly beneficially owned by the GRAT. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.20 to $37.86, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.12 to $37.90, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.13 to $37.90, 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. This number reflects a periodic acquisition 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 September 26, 2013. /s/ Hannah G. Olson, Attorney-in-fact 2013-10-03