Company: BBY
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001140361-25-016935
Chunk: 60

Company: BEST BUY CO INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 60
---
 more restricted share awards that vest on a time-based schedule (described in greater detail in theGrants of Plan-Based Awardssection) and (b) one or more performance share awards that will be earned depending on the performance of our stock’s total shareholder return, relative to the S&P 500 Index, over a three-year period (also described in greater detail in theGrants of Plan-Based Awardssection). The maximum value of the performance share awards for each NEO as of the grant date, assuming the highest level of performance, is noted in the following table: |

| Name         |     |      Target 
 Performance 
       Grant 
 (in Shares) |     |         Probable Grant 
     Date Fair Value of 
      Performance Grant 
 (as reflected in Stock 
         Awards Column) |     |           Maximum 
       Performance 
 Grant (in Shares) |     |      Maximum Grant 
 Date Fair Value of 
  Performance Grant |
| Ms. Barry    |     |      74,186 |     |             $6,250,171 |     |           111,279 |     |         $9,375,256 |
| Mr. Bilunas  |     |      19,882 |     |              1,675,059 |     |            29,823 |     |          2,512,588 |
| Mr. Bonfig   |     |      11,870 |     |              1,000,048 |     |            17,805 |     |          1,500,071 |
| Mr. Harmon   |     |      10,386 |     |                875,021 |     |            15,579 |     |          1,312,531 |
| Ms. Scarlett |     |      14,838 |     |              1,250,101 |     |            22,257 |     |          1,875,152 |

| (4) | These amounts reflect STI payments made for all fiscal years shown. The fiscal 2025 STI plan is described in the sectionCompensation Discussion and Analysis — Executive Compensation Elements — Short-Term Incentive. |

| (5) | The fiscal 2025 amounts reflected in this column include All Other Compensation as described in the following table: |

| Name         |     | Retirement Plan 
 Contribution(a) |     | Life Insurance 
    Premiums(b) |     | Other       |     |    Total |
| Ms