FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * SCHULZE RICHARD M 2. Issuer Name and Ticker or Trading Symbol BEST BUY CO INC [ BBY ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
_____ Officer (give title below)    __X__ Other (specify below)
Chairman Emeritus
(Last)         (First)         (Middle)
7601 PENN AVENUE S.
3. Date of Earliest Transaction (MM/DD/YYYY)
4/14/2021
(Street)
RICHFIELD, MN 55423
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  4/14/2021    S    2568.0000  D $120.7900  0.0000  I  Sibling Irrevocable Trust 
Common Stock  4/6/2021    J   V 10895.0000  A $0.0000  1153938.0000  I  Spousal GRAT 
Common Stock  4/6/2021    J   V 10895.0000  D $0.0000  172831.0000  I  Spouse Irrevocable Trust 
Common Stock  4/12/2021    G   V 6590.0000  D $0.0000  19433134.0000  I  Trustee for Revocable Trust 
Common Stock                 74080.0040 (1) I  401(k) 
Common Stock                 513248.0000  I  Family Foundation 
Common Stock                 2000000.0000  I  GRAT 
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                 5998.0000  I  Spouse Revocable Trust 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  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 March 29, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SCHULZE RICHARD M
7601 PENN AVENUE S.
RICHFIELD, MN 55423



Chairman Emeritus

Signatures
/s/ Hannah G. Olson, Attorney-in-fact 4/16/2021
**Signature of Reporting Person Date
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