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Schulze Richard M's Form 4 filing

Best Buy Co Inc (BBY) · filed Mar 1, 2024

Accession no.
0001225208-24-003379
Filed
Mar 1, 2024
Trade date
Feb 28-29, 2024
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 21 non-derivative transactions. Open-market sales total $67.0M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Schulze Richard MCIK 000100639410% Owner, Other: Chairman Emeritus

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Feb 28, 2024Common StockSSaleDisposed−3,093$80.06F1−$247,625.58521,355Indirect
Feb 29, 2024Common StockSSaleDisposed−4,708$85.44F2−$402,251.52516,647Indirect
Feb 29, 2024Common StockSSaleDisposed−15,120$81.59F3−$1,233,640.8501,527Indirect
Feb 29, 2024Common StockSSaleDisposed−21,114$82.62F4−$1,744,438.68480,413Indirect
Feb 29, 2024Common StockSSaleDisposed−25,791$84.65F5−$2,183,208.15454,622Indirect
Feb 29, 2024Common StockSSaleDisposed−36,995$83.70F6−$3,096,481.5417,627Indirect
Feb 29, 2024Common StockSSaleDisposed−76,378$80.81F7−$6,172,106.18341,249Indirect
Feb 28, 2024Common StockSSaleDisposed−2,784$80.06F1−$222,887.04917,155Indirect
Feb 29, 2024Common StockSSaleDisposed−4,234$85.44F2−$361,752.96912,921Indirect
Feb 29, 2024Common StockSSaleDisposed−13,607$81.59F3−$1,110,195.13899,314Indirect
Feb 29, 2024Common StockSSaleDisposed−18,999$82.62F4−$1,569,697.38880,315Indirect
Feb 29, 2024Common StockSSaleDisposed−23,217$84.65F5−$1,965,319.05857,098Indirect
Feb 29, 2024Common StockSSaleDisposed−33,296$83.70F6−$2,786,875.2823,802Indirect
Feb 29, 2024Common StockSSaleDisposed−68,742$80.81F7−$5,555,041.02755,060Indirect
Feb 28, 2024Common StockSSaleDisposed−7,855$80.06F1−$628,871.319,233,603Indirect
Feb 29, 2024Common StockSSaleDisposed−11,959$85.44F2−$1,021,776.9619,221,644Indirect
Feb 29, 2024Common StockSSaleDisposed−38,400$81.59F3−$3,133,05619,183,244Indirect
Feb 29, 2024Common StockSSaleDisposed−53,634$82.62F4−$4,431,241.0819,129,610Indirect
Feb 29, 2024Common StockSSaleDisposed−65,515$84.65F5−$5,545,844.7519,064,095Indirect
Feb 29, 2024Common StockSSaleDisposed−93,959$83.70F6−$7,864,368.318,970,136Indirect
Feb 29, 2024Common StockSSaleDisposed−194,002$80.81F7−$15,677,301.6218,776,134Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.31, 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.

Referenced by the price of 3 transactions in Table I.

F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.18 to $85.99, 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.

Referenced by the price of 3 transactions in Table I.

F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.18 to $82.17, 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.

Referenced by the price of 3 transactions in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.18 to $83.175, 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.

Referenced by the price of 3 transactions in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.18 to $85.17, 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.

Referenced by the price of 3 transactions in Table I.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.18 to $84.17, 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.

Referenced by the price of 3 transactions in Table I.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.18 to $81.17, 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.

Referenced by the price of 3 transactions in Table I.

Remarks

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on October 6, 2023.

Read the full filing on SEC EDGAR (opens in a new tab)