FORM 4
Check
this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
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OMB APPROVAL |
OMB
Number: 3235-0287 |
1. Name and Address of Reporting Person *
(Last)
(First)
(Middle)
(Street)
(City)
(State) (Zip)
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2. Issuer Name and Ticker Best Buy Co., Inc. BBY
3. I.R.S.
Identification |
4. Statement for 01/16/03
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6. Relationship of Reporting Person(s) to Issuer (Check
all applicable) Director
10% Owner
X Officer (give title below)
Other (specify below) Senior Vice President - General Counsel & Assistant Secretary
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
1. Title of Security |
2. Transaction Date
(Month/Day/ |
2A. Deemed Execution Date,
if any (Month/Day/ |
3. Transaction Code |
4. Securities Acquired (A)
or Disposed of (D) |
5. Amount of Securities
Beneficially Owned Following Reported Transaction(s) |
6. Ownership Form: Direct
(D) or Indirect (I) |
7. Nature of Indirect
Beneficial Ownership |
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Code |
V |
Amount |
(A) or (D) |
Price |
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Common Stock |
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7,650 |
D |
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Common Stock |
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3,122 |
I |
401(k) |
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Table II - Derivative Securities Acquired, Disposed of, or
Beneficially Owned |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date |
3A. Deemed Execution Date,
if any (Month/Day/ |
4. Transaction Code (Instr. 8) |
5. Number of Derivative
Securities Acquired (A) or Disposed of (D) |
6. Date Exercisable and
Expiration Date |
7. Title and Amount of
Underlying Securities |
8. Price of Derivative
Security |
9. Number of Derivative Securities
Beneficially Owned Following Reported Transaction(s) |
10. Ownership Form of
Derivative Securities: Direct (D) or Indirect (I) |
11. Nature of Indirect
Beneficial Ownership |
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Code |
V |
(A) |
(D) |
Date |
Expiration |
Title |
Amount or Number of Shares |
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Stock Option (Right to Buy) |
$11.46 |
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04/23/08 |
Common Stock |
11,250 |
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11,250 |
D |
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Stock Option (Right to Buy) |
$34.79 |
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04/15/09 (1) |
Common Stock |
11,250 |
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11,250 |
D |
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Stock Option (Right to Buy) |
$34.45 |
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02/27/10 (1) |
Common Stock |
11,250 |
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11,250 |
D |
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Stock Option (Right to Buy) |
$46.75 |
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04/13/10 (1) |
Common Stock |
33,750 |
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33,750 |
D |
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Stock Option (Right to Buy) |
$37.06 |
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04/26/11 (1) |
Common Stock |
32,625 |
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32,625 |
D |
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Stock Option (Right to Buy) |
$51.27 |
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04/10/12 (1) |
Common Stock |
32,625 |
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32,625 |
D |
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Stock Option (Right to Buy) |
$28.67 |
01/16/03 |
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A |
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15,000 |
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01/16/03 (1) |
01/15/13 |
Common Stock |
15,000 |
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15,000 |
D |
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Explanation of Responses:
(1) Options vest in four equal annual installments beginning one year after the original date of grant.
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/s/ Nancy J. Wigchers ** Signature of Reporting Person |
01/17/03 Date |
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Nancy J. Wigchers |
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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.
http://www.sec.gov/divisions/corpfin/forms/form4.htm
Last update: 09/05/2002
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that I, Joseph M. Joyce, hereby constitute and appoint Nancy J. Wigchers, Mark Geldernick, and Joseph W. Wirth and each of them, my true and lawful attorneys-in-fact and agents, each acting alone, with full powers of substitution and resubstitution for me and in my name, place and stead, to sign any reports on Form 4 (Statement of Changes in Beneficial Ownership of Securities) and Form 5 (Annual Statement of Changes in Beneficial Ownership) relating to transactions by me in Common Stock or other securities of Best Buy Co., Inc., and all amendments thereto, and to file the same, with the Securities and Exchange Commission and the New York Stock Exchange, Inc., granting unto said attorneys-in-fact and agents, and each of them, or their substitutes, full power and authority to do and perform each and every act and thing requisite or necessary to be done, as fully to all intents and purposes as I might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or their substitutes, may lawfully do or cause to be done by virtue hereof. This Power of Attorney shall be effective until such time as I deliver a written revocation thereof to my above-named attorneys-in-fact and agents.
Dated: August 22, 2002 |
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/s/ Joseph M. Joyce |
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Joseph M. Joyce |
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