1. Name and Address of Reporting Person*
(Street)
| 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, Best Buy Canada |
|
3. Date of Earliest Transaction (Month/Day/Year) 06/23/2009 |
4. If Amendment, Date of Original Filed (Month/Day/Year)
| 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. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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
| | | | | | | |
1,286
|
I
|
By Wife
|
|
Common Stock
| | | | | | | |
300
|
I
|
Spouse IRA
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities) |
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) | 7. Title and Amount of Underlying Securities (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 |
|
Stock Option (Right to Buy)
| $
37.59
| 09/17/2009 | | A | |
10,000
| | 09/17/2009 | 09/16/2019 |
Common Stock
|
10,000
|
$
0
|
10,000
|
D
| |
|
Stock Option (Right to Buy)
| $
32.98
| 06/23/2009 | | A | |
1,400
| | 06/23/2009 | 06/22/2019 |
Common Stock
|
1,400
|
$
0
|
1,400
|
I
|
By Wife
|
|
Stock Option (Right to Buy)
| $
37.59
| 09/17/2009 | | A | |
700
| | 09/17/2009 | 09/16/2019 |
Common Stock
|
700
|
$
0
|
700
|
I
|
By Wife
|
|
Stock Option (Right to Buy)
| $
30.88
| | | | | | | 12/06/2001 | 12/05/2011 |
Common Stock
|
1,688
| |
1,688
|
D
| |
|
Stock Option (Right to Buy)
| $
19.11
| | | | | | | 01/16/2003 | 01/15/2013 |
Common Stock
|
2,421
| |
2,421
|
D
| |
|
Stock Option (Right to Buy)
| $
39.59
| | | | | | | 11/03/2003 | 11/02/2013 |
Common Stock
|
7,500
| |
7,500
|
D
| |
|
Stock Option (Right to Buy)
| $
36.73
| | | | | | | 10/11/2004 | 10/10/2014 |
Common Stock
|
7,950
| |
7,950
|
D
| |
|
Stock Option (Right to Buy)
| $
46.8
| | | | | | | 11/08/2005 | 11/07/2015 |
Common Stock
|
8,500
| |
8,500
|
D
| |
|
Stock Option (Right to Buy)
| $
55.46
| | | | | | | 10/23/2006 | 10/22/2016 |
Common Stock
|
11,000
| |
11,000
|
D
| |
|
Stock Option (Right to Buy)
| $
47.84
| | | | | | | 10/18/2007 | 10/17/2017 |
Common Stock
|
22,000
| |
22,000
|
D
| |
|
Stock Option (Right to Buy)
| $
41.19
| | | | | | | 08/05/2008 | 08/04/2018 |
Common Stock
|
40,000
| |
40,000
|
D
| |
|
Stock Option (Right to Buy)
| $
26.88
| | | | | | | 10/31/2008 | 10/30/2018 |
Common Stock
|
33,333
| |
33,333
|
D
| |
|
Stock Option (Right to Buy)
| $
32.98
| | | | | | | 06/23/2009 | 06/22/2019 |
Common Stock
|
20,000
| |
20,000
|
D
| |
|
Stock Option (Right to Buy)
| $
19.11
| | | | | | | 01/16/2003 | 01/15/2013 |
Common Stock
|
1,350
| |
1,350
|
I
|
By Wife
|
|
Stock Option (Right to Buy)
| $
39.59
| | | | | | | 11/03/2003 | 11/02/2013 |
Common Stock
|
1,725
| |
1,725
|
I
|
By Wife
|
|
Stock Option (Right to Buy)
| $
36.73
| | | | | | | 10/11/2004 | 10/10/2014 |
Common Stock
|
1,500
| |
1,500
|
I
|
By Wife
|
|
Stock Option (Right to Buy)
| $
46.8
| | | | | | | 11/08/2005 | 11/07/2015 |
Common Stock
|
1,629
| |
1,629
|
I
|
By Wife
|
|
Stock Option (Right to Buy)
| $
55.46
| | | | | | | 10/23/2006 | 10/22/2016 |
Common Stock
|
1,458
| |
1,458
|
I
|
By Wife
|
|
Stock Option (Right to Buy)
| $
47.84
| | | | | | | 10/18/2007 | 10/17/2017 |
Common Stock
|
3,000
| |
3,000
|
I
|
By Wife
|
|
Stock Option (Right to Buy)
| $
41.19
| | | | | | | 08/05/2008 | 08/04/2018 |
Common Stock
|
2,400
| |
2,400
|
I
|
By Wife
|
|
Stock Option (Right to Buy)
| $
26.88
| | | | | | | 10/31/2008 | 10/30/2018 |
Common Stock
|
3,000
| |
3,000
|
I
|
By Wife
|
| /s/Lisa Beth Lentini, Attorney-in-Fact | 09/18/2009 |
| ** Signature of Reporting Person | Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |