Best Buy 2009 Annual Report Download - page 23

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(2) The figure represents: (a) 60,035,576 outstanding shares registered in the name of Mr. Schulze and a co-trustee, and held by
them as trustees of a trust for the benefit of Mr. Schulze, of which up to $150 million aggregate amount of shares have been
pledged by the trust as collateral to secure a line of credit (b) 4,465,930 outstanding shares registered in the name of
Mr. Schulze and co-trustees, and held by them as trustees of trusts for the benefit of Mr. Schulze and his family; (c) 1,326,769
outstanding shares registered in the name of Mr. Schulze and a co-trustee, and held by them as trustees of the Sandra Schulze
Revocable Trust dated June 14, 2001; (d) 950,169 outstanding shares held by a limited partnership of which Mr. Schulze is the
sole general partner (Mr. Schulze has disclaimed beneficial ownership of these shares except to the extent of his monetary interest
therein); (e) 252,312 outstanding shares held by a limited partnership of which a limited liability company owned by Mr. Schulze
is the sole general partner (Mr. Schulze has disclaimed beneficial ownership of these shares except to the extent of his monetary
interest therein); (f) 31,672 outstanding shares held by a limited partnership of which a limited liability company owned by
Mr. Schulze is the sole general partner (Mr. Schulze has disclaimed beneficial ownership of these shares except to the extent of
his monetary interest therein); (g) 18,906 outstanding shares registered in the name of Mr. Schulze and held by him as trustee of
trusts for the benefit of the children of Mr. Schulze’s spouse (Mr. Schulze has disclaimed beneficial ownership of these shares);
(h) 11,728 outstanding shares registered in the name of Mr. Schulze’s spouse and co-trustees, and held by them as trustees of
trusts for the benefit of Mr. Schulze’s spouse (Mr. Schulze has disclaimed beneficial ownership of these shares); (i) 2,061
outstanding shares held in Mr. Schulze’s individual retirement account; (j) 1,955,558 outstanding shares owned by The Richard
M. Schulze Family Foundation, of which Mr. Schulze is the sole director; (k) 77,001 outstanding shares registered in the name of
JPMorgan Chase Bank (the ‘‘Trustee’’), and held by the Trustee in connection with Best Buy’s Retirement Savings Plan for the
benefit of Mr. Schulze; and (l) options to purchase 1,736,250 shares, which he could exercise within 60 days of February 28,
2009.
(3) The figure represents: (a) 1,636,255 outstanding shares owned by Mr. Anderson; (b) 65,893 outstanding shares registered in the
name of Mr. Anderson and a co-trustee, and held by them as trustees of a trust for the benefit of Mr. Anderson; (c) 65,893
outstanding shares registered in the name of Mr. Anderson’s spouse and a co-trustee, and held by them as trustees of a trust for
the benefit of Mr. Anderson’s spouse (Mr. Anderson has disclaimed beneficial ownership of these shares); (d) 337,839
outstanding shares held by a limited partnership of which a limited liability company owned by Mr. Anderson and his spouse is
the sole general partner and of which Mr. Anderson and his spouse are limited partners individually; (e) 85,984 outstanding
shares registered in the name of Mr. Anderson’s spouse and co-trustees, and held by them as trustees of trusts for the benefit of
Mr. Anderson’s spouse (Mr. Anderson has disclaimed beneficial ownership of these shares); (f) 1,800 outstanding shares
registered in the name of Mr. Anderson and held by him as custodian for the benefit of his children (Mr. Anderson has
disclaimed beneficial ownership of these shares); (g) 195,505 outstanding shares owned by the Anderson Family Foundation, of
which Mr. Anderson is a director; (h) 85,984 outstanding shares registered in the name of Mr. Anderson and co-trustees, and
held by them as trustees of trusts for the benefit of Mr. Anderson and his family; (i) 12,316 outstanding shares registered in the
name of the Trustee, and held by the Trustee in connection with Best Buy’s Retirement Savings Plan for the benefit of
Mr. Anderson; and (j) options to purchase 1,338,750 shares, which he could exercise within 60 days of February 28, 2009.
(4) The figure represents: (a) 25,180 outstanding shares owned by Mr. Muehlbauer; (b) 1,514 outstanding shares held in
Mr. Muehlbauer’s individual retirement account; (c) 911 outstanding shares registered in the name of the Trustee, and held by
the Trustee in connection with Best Buy’s Retirement Savings Plan for the benefit of Mr. Muehlbauer; and (d) options to purchase
120,567 shares, which he could exercise within 60 days of February 28, 2009.
(5) The figure represents: (a) 38,540 outstanding shares owned by Mr. Dunn; (b) 15,265 outstanding shares registered in the name
of the Trustee, and held by the Trustee in connection with Best Buy’s Retirement Savings Plan for the benefit of Mr. Dunn; and
(c) options to purchase 445,699 shares, which he could exercise within 60 days of February 28, 2009.
(6) The figure represents: (a) 190,463 outstanding shares owned by Mr. Willett; (b) 1,596 outstanding shares registered in the name
of the Trustee, and held by the Trustee in connection with Best Buy’s Retirement Savings Plan for the benefit of Mr. Willett; and
(c) options to purchase 297,816 shares, which he could exercise within 60 days of February 28, 2009.
(7) The figure represents: (a) 41,526 outstanding shares owned by Ms. Ballard; (b) 11,904 outstanding shares registered in the
name of the Trustee, and held by the Trustee in connection with Best Buy’s Retirement Savings Plan for the benefit of Ms. Ballard;
and (d) options to purchase 123,829 shares, which she could exercise within 60 days of February 28, 2009.
(8) The figure represents: (a) 5,730 outstanding shares owned by Ms. Higgins Victor; and (b) options to purchase 45,000 shares,
which she could exercise within 60 days of February 28, 2009.
(9) The figure represents: (a) 3,504 outstanding shares owned by Mr. James; and (b) options to purchase 45,000 shares, which he
could exercise within 60 days of February 28, 2009.
(10) The figure represents: (a) 64,311 outstanding shares owned by Mr. Kaplan; and (b) options to purchase 101,250 shares, which
he could exercise within 60 days of February 28, 2009.
(11) The figure represents options to purchase 3,750 shares, which Mr. Khosla could exercise within 60 days of February 28, 2009.
(12) The figure represents: (a) 1,452,134 outstanding shares owned by Mr. Lenzmeier; (b) 150,000 outstanding shares registered in
the name of Mr. Lenzmeier and a co-trustee, and held by them as trustees of a trust for the benefit of Mr. Lenzmeier; (c) 51,900
outstanding shares held by the Lenzmeier Family Foundation, of which Mr. Lenzmeier and his spouse are the sole directors and
officers; and (d) options to purchase 825,000 shares, which he could exercise within 60 days of February 28, 2009.
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