0001225208-19-015282.txt : 20191204 0001225208-19-015282.hdr.sgml : 20191204 20191204183054 ACCESSION NUMBER: 0001225208-19-015282 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191202 FILED AS OF DATE: 20191204 DATE AS OF CHANGE: 20191204 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: 191269115 MAIL ADDRESS: STREET 1: BEST BUY CO INC STREET 2: 7075 FLYING CLOUD DRIVE CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 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 4 1 doc4.xml X0306 4 2019-12-02 0000764478 BEST BUY CO INC BBY 0001006394 SCHULZE RICHARD M 7601 PENN AVENUE S. RICHFIELD MN 55423 1 Common Stock 2019-12-02 4 S 0 3600.0000 80.8339 D 1014043.0000 I Family Foundation Common Stock 2019-12-02 4 S 0 20520.0000 79.6844 D 993523.0000 I Family Foundation Common Stock 2019-12-02 4 S 0 143880.0000 79.1533 D 849643.0000 I Family Foundation Common Stock 2019-12-03 4 S 0 2190.0000 78.1274 D 847453.0000 I Family Foundation Common Stock 2019-12-03 4 S 0 116810.0000 77.6684 D 730643.0000 I Family Foundation Common Stock 2019-12-02 4 S 0 6879.0000 80.8237 D 19689547.0000 I Trustee for Revocable Trust Common Stock 2019-12-02 4 S 0 17395.0000 79.8661 D 19672152.0000 I Trustee for Revocable Trust Common Stock 2019-12-02 4 S 0 397226.0000 79.2014 D 19274926.0000 I Trustee for Revocable Trust Common Stock 2019-12-03 4 S 0 4890.0000 78.1304 D 19270036.0000 I Trustee for Revocable Trust Common Stock 2019-12-03 4 S 0 274110.0000 77.6852 D 18995926.0000 I Trustee for Revocable Trust Common Stock 73676.4857 I 401(k) Common Stock 6185853.0000 I GRAT Common Stock 2061.0000 I IRA Common Stock 2568.0000 I Sibling Revocable Trust 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 1143043.0000 I Spousal GRAT Common Stock 183726.0000 I Spouse Irrevocable Trust Common Stock 11998.0000 I Spouse Revocable Trust The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on October 25, 2019. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.53 to $80.915, 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 $79.40 to $80.33, 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 $78.395 to $79.38, 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 $78.12 to $78.15, 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 $77.12 to $78.11, 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 $79.53 to $80.47, 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 $78.53 to $79.52, 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 $78.12 to $78.16, 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 adjustment of shares under the Issuer's employee retirement savings account (401(k)) exempt from reporting under Rule 16b-3(c). Total is based on a plan statement as of December 2, 2019. /s/ Hannah G. Olson, Attorney-in-fact 2019-12-04