Home > Insider Trading > Filing (0000947871-12-000614)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
764478	Best Buy Co Inc	BBY	Retail-Radio, Tv & Consumer Electronics Stores (5731)	410907483

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1006394	M Richard Schulze	8500 Normandale Lake Blvd; Suite 1750 Minneapolis MN 55437		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2012-07-23	8,500,000	$0.00	50,406,780	No	5	G	Indirect	Trustee for Revocable Trust
Common Stock	Disposition	2012-07-23	209,091	$0.00	50,197,689	No	5	G	Indirect	Trustee for Revocable Trust
Common Stock	Disposition	2012-07-23	2,090,909	$18.30	48,106,780	No	4	S	Indirect	Trustee for Revocable Trust
Common Stock	Acquisiton	2012-07-23	8,500,000	$0.00	8,500,000	No	5	G	Indirect	Trustee for Revocable Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	G	Indirect	Trustee for Revocable Trust
No	5	G	Indirect	Trustee for Revocable Trust
No	4	S	Indirect	Trustee for Revocable Trust
No	5	G	Indirect	Trustee for Revocable Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,732,500	Direct
Common Stock	1,787,419	Indirect	Family Foundation
Common Stock	31,672	Indirect	Sole member of LLC which is sole general partner of L.P. A
Common Stock	950,169	Indirect	Sole general partner of limited partnership B
Common Stock	252,312	Indirect	Sole member of LLC which is sole general partner of L.P. C
Common Stock	2,061	Indirect	IRA
Common Stock	11,758	Indirect	Spouse Revocable Trust
Common Stock	79,718	Indirect	401(k)
Common Stock	1,143,043	Indirect	Spousal GRAT
Common Stock	3,801,208	Indirect	GRAT
Common Stock	39,566	Indirect	Trustee for Children's Trust
Common Stock	183,726	Indirect	Spouse Irrevocable Trust

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Buy)	$32.79	2005-04-18	2015-04-17	11,250	11,250	Direct
Common Stock	Stock Option (Right to Buy)	$56.66	2006-04-18	2016-04-27	7,500	7,500	Direct
Common Stock	Stock Option (Right to Buy)	$35.33	2004-04-19	2014-04-18	11,250	11,250	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2015-04-17	11,250	11,250	Direct
2016-04-27	7,500	7,500	Direct
2014-04-18	11,250	11,250	Direct

Footnotes

Total sale proceeds in the amount of $38,263,634.70 were paid in the form of a promissory note. The note is payable on demand and bears interest at an annual rate equal to the applicable Federal Short-Term rate promulgated under Section 1274(d) of the Internal Revenue Code of 1986, as amended (the "AFR Rate"). Unpaid interest is compounded monthly, with the rate adjusted to reflect the AFR rate on the first calendar day of every month.
Amount represents share equivalents calculated based on the August 24, 2012 closing price of $17.31 per BBY share. Amount has been rounded up to the nearest whole share.