Company: BBY
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001140361-25-016935
Chunk: 68

Company: BEST BUY CO INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 68
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,985 |

| (1) | Value based on market value of Best Buy common stock at the time of exercise, minus the exercise cost. |

| (2) | Value based on the closing market price of Best Buy common stock on the vesting date. |

| (3) | On August 16, 2024, 14,730 stock options having a strike price of $29.91 auto-exercised on their expiration date when the market price of a share of Best Buy common stock was $85.24. |

| (4) | The amount represents the vesting of restricted shares granted under our LTI program: 15,360 shares that were granted on March 20, 2021, which vested on March 20, 2024; 20,037 shares that were granted on March 20, 2022, which vested on March 20, 2024; and 24,618 shares that were granted on March 20, 2023, which vested on March 20, 2024. |

| (5) | On December 11, 2024, pursuant to a Rule 10b5-1 trading plan, Mr. Bilunas exercised 49,050 stock options having a strike price of $69.11 and 20,116 options having a strike price of $51.65 when the market price of a share of Best Buy common stock was $87.459 and $87.4459, respectively. |

| (6) | The amount represents the vesting of restricted shares granted under our LTI program: 6,394 shares that were granted on March 20, 2021, which vested on March 20, 2024; 4,561 shares that were granted on March 20, 2022, which vested on March 20, 2024; and 6,716 shares that were granted on March 20, 2023, which vested on March 20, 2024. |

| (7) | On August 29, 2024, pursuant to a Rule 10b5-1 trading plan, Mr. Bonfig exercised 25,000 stock options having a strike price of $69.11 when the market price of a share of Best Buy common stock was $101.00. |

| (8) | The amount represents the vesting of restricted shares granted under our LTI program: 10,036 shares that were granted on March 20