Sec Form 4 Filing - Ballard Shari L @ BEST BUY CO INC - 2013-10-21

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Ballard Shari L 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) EVP-President, BBY Intl. (Last) (First) (Middle) 7601 PENN AVENUE S. 3. Date of Earliest Transaction (MM/DD/YY) 10/21/2013 (Street) RICHFIELD, MN55423 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 10/21/2013 M 32,325 A $ 39.59 187,162.273 D Common Stock 10/21/2013 S 32,325 D $ 42.9723 ( 1 ) 154,837.273 ( 2 ) D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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) $ 39.59 10/21/2013 M 32,325 11/03/2003 11/02/2013 Common Stock 32,325 $ 39.59 0 D Stock Option (Right to Buy) $ 35.67 01/12/2011 01/11/2021 Common Stock 20,000 20,000 D Stock Option (Right to Buy) $ 39.73 01/13/2010 01/12/2020 Common Stock 16,563 16,563 D Stock Option (Right to Buy) $ 14.67 01/16/2013 01/15/2023 Common Stock 11,084 11,084 D Stock Option (Right to Buy) $ 24.18 02/01/2012 01/31/2022 Common Stock 15,000 15,000 D Stock Option (Right to Buy) $ 29.75 04/06/2011 04/05/2021 Common Stock 20,000 20,000 D Stock Option (Right to Buy) $ 44.2 04/07/2010 04/06/2020 Common Stock 16,563 16,563 D Stock Option (Right to Buy) $ 23.66 04/16/2013 04/15/2023 Common Stock 57,225 57,225 D Stock Option (Right to Buy) $ 22.06 04/18/2012 04/17/2012 Common Stock 8,334 8,334 D Stock Option (Right to Buy) $ 31.54 06/20/2011 06/19/2021 Common Stock 15,000 15,000 D Stock Option (Right to Buy) $ 20.31 06/20/2012 06/19/2022 Common Stock 11,084 11,084 D Stock Option (Right to Buy) $ 32.98 06/23/2009 06/22/2019 Common Stock 33,125 33,125 D Stock Option (Right to Buy) $ 36.63 06/23/2010 06/22/2020 Common Stock 16,563 16,563 D Stock Option (Right to Buy) $ 37.59 09/17/2009 09/16/2019 Common Stock 16,563 16,563 D Stock Option (Right to Buy) $ 17.94 09/19/2012 09/18/2022 Common Stock 11,084 11,084 D Stock Option (Right to Buy) $ 38.32 09/20/2010 09/19/2020 Common Stock 20,000 20,000 D Stock Option (Right to Buy) $ 24.12 09/21/2011 09/20/2021 Common Stock 15,000 15,000 D Stock Option (Right to Buy) $ 36.73 10/11/2004 10/10/2014 Common Stock 19,350 19,350 D Stock Option (Right to Buy) $ 47.84 10/18/2007 10/17/2017 Common Stock 66,200 66,200 D Stock Option (Right to Buy) $ 55.46 10/23/2006 10/22/2016 Common Stock 66,200 66,200 D Stock Option (Right to Buy) $ 26.88 10/31/2008 10/30/2018 Common Stock 66,250 66,250 D Stock Option (Right to Buy) $ 46.8 11/08/2005 11/07/2015 Common Stock 30,005 30,005 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Ballard Shari L 7601 PENN AVENUE S. RICHFIELD, MN55423 EVP-President, BBY Intl. Signatures /s/ Hannah G. Olson, Attorney-in-fact 10/23/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.61 to $43.07, inclusive. The reporting person undertakes to provide to BBY, any security holder of BBY, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. ( 2 )Includes 247.326 shares acquired under the Best Buy employee stock purchase plan on October 3, 2013. In addition, this number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).

Remarks: The options exercised by Ms. Ballard were scheduled to expire on November 2, 2013.

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).

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