Sec Form 4 Filing - Vitelli Michael A @ BEST BUY CO INC - 2013-01-16

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 Vitelli Michael A 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 U.S. (Last) (First) (Middle) 7601 PENN AVENUE S. 3. Date of Earliest Transaction (MM/DD/YY) 01/16/2013 (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 01/16/2013 A 2,778 ( 1 ) A $ 0 203,756.374 D Common Stock 1,264.88 ( 2 ) I 401(k)

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) $ 14.67 01/16/2013 A 11,084 01/16/2013( 3 ) 01/15/2023 Common Stock 11,084 $ 0 11,084 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) $ 24.18 02/01/2012 01/31/2022 Common Stock 15,000 15,000 D Stock Option (Right to Buy) $ 35.73 02/09/2004 02/08/2014 Common Stock 19,125 19,125 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) $ 22.06 04/18/2012 04/17/2022 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 3,000 3,000 D Stock Option (Right to Buy) $ 47.84 10/18/2007 10/17/2017 Common Stock 10,485 10,485 D Stock Option (Right to Buy) $ 55.46 10/23/2006 10/22/2016 Common Stock 23,465 23,465 D Stock Option (Right to Buy) $ 26.88 10/31/2008 10/30/2018 Common Stock 40,000 40,000 D Stock Option (Right to Buy) $ 46.8 11/08/2005 11/07/2015 Common Stock 15,027 15,027 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Vitelli Michael A 7601 PENN AVENUE S. RICHFIELD, MN55423 EVP- President, BBY U.S. Signatures /s/ Todd G. Hartman, Attorney-in-Fact 01/18/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Restricted shares that will vest in three equal annual installments beginning one year from the grant date. ( 2 )This number reflects a periodic acquisition of shares under the employee retirement savings account (401(k)) exempt from reporting under Section 16b-3(c). Total is based on a plan statement as of January 15, 2013. ( 3 )The date indicated is the grant date and the options vest in three equal annual installments beginning one year from such date.

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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