Company: BBY
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001140361-25-016935
Chunk: 34

Company: BEST BUY CO INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 34
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 31, 2025. As of March 31, 2025, the threshold performance objectives for any such awards are not expected to be attained. |

| (6) | The figure represents: (a) 53,929 outstanding shares owned by Ms. Scarlett; and (b) options to purchase 96,166 shares, which Ms. Scarlett could exercise within 60 days of March 31, 2025. The figure does not include shares underlying performance share awards that are subject to vesting and settlement within 60 days of March 31, 2025. As of March 31, 2025, the threshold performance objectives for any such awards are not expected to be attained. |

| (7) | The figure represents: (a) 10,000 outstanding shares owned by Ms. Caputo and (b) 47,796 restricted stock units, which would be converted to shares if Ms. Caputo left the Board within 60 days of March 31, 2025. |

| (8) | The figure represents restricted stock units that would be converted to shares if the director left the Board within 60 days of March 31, 2025. |

| (9) | The figure represents: (a) the outstanding and attainable shares, restricted stock units and options described in the preceding footnotes (2) through (8); (b) 22,103 outstanding shares owned by other executive officers; (c) 277 outstanding shares held in the name of the Trustee in connection with the Retirement Saving Plan for the benefit of the other executive officers; (d) 10,900 shares held in a revocable trust by the executive officer; and (e) options to purchase 6,573 shares, which the other executive officers could exercise within 60 days of March 31, 2025. The figure does not include shares underlying performance share awards of the other executive officers that are subject to vesting and settlement within 60 days of March 31, 2025. As of March 31, 2025, the threshold performance objectives for any such awards are not expected to be attained. |

| (10) | Mr. Schulze is our Founder and Chairman Emeritus. He is not a member of our Board and is not considered an executive officer but is listed here due to his status as a beneficial owner of more than 5% of our common stock. According to information provided to the Company by Mr. Schulze