Alexander Whitney L 4
4 · BEST BUY CO INC · Filed Mar 18, 2021
Insider Transaction Report
Form 4
Alexander Whitney L
Chief Transformation Officer
Transactions
- Award
Common Stock
2021-03-16+5,316→ 45,750 total - Sale
Common Stock
2021-03-16$113.88/sh−968$110,232→ 44,782 total
Footnotes (3)
- [F1]Represents restricted shares earned pursuant to an award approved by the Issuer on March 20, 2020, which was subject to achievement of positive adjusted net earnings as of the end of any fiscal year during the term of the award (the 'Performance Condition'). Satisfaction of the Performance Condition was approved by the Compensation and Human Resources Committee of the Board of Directors on March 16, 2021. The restricted shares will vest in three equal annual installments beginning March 20, 2021.
- [F2]This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).
- [F3]Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares and does not represent a discretionary transaction by the reporting person.