Todd G. Hartman - 20 Sep 2023 Form 4/A Insider Report for BEST BUY CO INC (BBY)

Role
GC, Chief Risk Officer
Signature
/s/ Jodie H. Crist, Attorney-in-fact
Issuer symbol
BBY
Transactions as of
20 Sep 2023
Transactions value $
-$907,318
Form type
4/A
Filing time
22 Dec 2023, 16:39:20 UTC
Date Of Original Report
22 Sep 2023
Previous filing
31 Aug 2023
Next filing
05 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Gift $0 -10.2K -35.26% $0.00 18.8K 19 Jul 2019 Direct F1
transaction BBY Common Stock Gift $0 -6.92K -38.51% $0.00 11K 08 Jun 2020 Direct F1
transaction BBY Common Stock Gift $0 -15K -43.18% $0.00 19.7K 18 Aug 2023 Direct F1, F2
transaction BBY Common Stock Gift $0 -450 -3.82% $0.00 11.3K 11 Jul 2019 Trustee for Revocable Trust
transaction BBY Common Stock Gift $0 +10.2K +90.41% $0.00 21.6K 19 Jul 2019 Trustee for Revocable Trust F1
transaction BBY Common Stock Gift $0 +6.92K +35.33% $0.00 26.5K 08 Jun 2020 Trustee for Revocable Trust F1
transaction BBY Common Stock Gift $0 -600 -2.77% $0.00 21K 04 Mar 2022 Trustee for Revocable Trust
transaction BBY Common Stock Gift $0 +15K +169.53% $0.00 23.8K 18 Aug 2023 Trustee for Revocable Trust F1
transaction BBY Common Stock Sale -$356K -5K -20.97% $71.18 18.8K 20 Sep 2023 Trustee for Revocable Trust F3
transaction BBY Common Stock Sale -$551K -7.95K -42.17% $69.38 10.9K 22 Sep 2023 Trustee for Revocable Trust F3
holding BBY Common Stock 262 20 Sep 2023 401(k) F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares gifted from reporting person's direct holdings to a revocable trust, of which the reporting person is a trustee. The gift of shares occurring on August 18, 2023, had already been reflected as held indirectly and footnoted as a transfer.
F2 The amount reflects a correction made due to certain transactions that were reported as sales of directly held shares instead of as sales from the reporting person's revocable trust. As such, the correct balance as of the date of the original filing is 19,237.949800 (inclusive of the disposition of 500 shares reported on the Form 4 filed on August 31, 2023).
F3 This sale transaction was correctly reported on the original Form 4, but is included here to correctly reflect the amount beneficially owned following the sale, which reflects a correction made due to certain transactions that were previously reported as sales of directly held shares instead of as sales from the reporting person's revocable trust.
F4 This number reflects a periodic adjustment 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 December 6, 2023. Additionally, this number reflects the transfer of 1,127.221796 shares to the reporting person's ex-spouse pursuant to a domestic relations order since the date of the reporting person's last ownership report. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.

Remarks:

This Form 4 is being amended to reflect the correct number of securities beneficially owned following the transactions reflected on the original Form 4. It also reflects gift transactions that had not been previously reported, which impact the number of shares reported as direct and indirect holdings.