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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
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 *

MOHAN RAJENDRA 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
__X__ Officer (give title below)    _____ Other (specify below)
President & COO
(Last)          (First)          (Middle)

7601 PENN AVENUE S.
3. Date of Earliest Transaction (MM/DD/YYYY)

5/28/2021
(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 5/28/2021  M  20199.0000 A$51.6500 168031.2930 D  
Common Stock 5/28/2021  M  14193.0000 A$69.1100 182224.2930 D  
Common Stock 5/28/2021  S  700.0000 D$120.3543 (1)181524.2930 D  
Common Stock 5/28/2021  S  2999.0000 D$117.5398 (2)178525.2930 D  
Common Stock 5/28/2021  S  4300.0000 D$118.7132 (3)174225.2930 D  
Common Stock 5/28/2021  S  11755.0000 D$116.6894 (4)162470.2930 D  
Common Stock 5/28/2021  S  70581.0000 D$115.2433 (5)91889.2930 D  
Common Stock 5/28/2021  G  V 12504.0000 D$0.0000 79385.2930 D  

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $69.1100 5/28/2021  M     14193.0000  3/20/2019 3/19/2029 Common Stock 14193.0000 $69.1100 12363.0000 D  
Stock Option (Right to Buy) $51.6500 5/28/2021  M     20199.0000  3/20/2020 3/19/2030 Common Stock 20199.0000 $51.6500 40399.0000 D  

Explanation of Responses:
(1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.28 to $120.43, 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.
(2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.13 to $118.07, 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.
(3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.51 to $118.91, 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.
(4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.12 to $117.11, 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.
(5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.00 to $115.97, 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
MOHAN RAJENDRA M
7601 PENN AVENUE S.
RICHFIELD, MN 55423


President & COO

Signatures
/s/ Hannah G. Olson, Attorney-in-fact6/2/2021
**Signature of Reporting PersonDate

Best Buy (NYSE:BBY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Best Buy Charts.
Best Buy (NYSE:BBY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Best Buy Charts.