Best Buy 2010 Annual Report Download - page 55

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Options Exercised and Stock Vested
The table below provides a summary of the value realized in connection with stock option awards exercised and stock awards
vested for our named executive officers during fiscal 2010:
Option Awards Stock Awards
Number of Shares Number of Shares Value
Acquired on Value Acquired on Realized on
Exercise Realized on Vesting Vesting(2)
Name (#) Exercise(1) (#) ($)
Brian J. Dunn 16,875(3) $ 302,738 — $ —
James L. Muehlbauer — — 8,013(4) 306,200
Shari L. Ballard — — — —
Michael A. Vitelli — — 5,000(5) 160,400
J. Scott Wheway — — — —
Bradbury H. Anderson 605,250(6) 8,076,995 — —
John E. Pershing 10,000(7) 139,050 1,046(8) 38,179
Robert A. Willett — — 103,820(9) 4,172,526
(1) Value based on market value of Best Buy common stock at the time of exercise, minus the exercise cost.
(2) Value based on the closing market price of Best Buy common stock on the vesting date.
(3) Mr. Dunn exercised options to purchase 16,875 shares on April 9, 2009, at an exercise price of $23.19 and an average market price of
$41.13.
(4) The number reported reflects two time-based restricted stock awards and one performance-based restricted stock award. The first time-based
award was granted on June 20, 2006, vested 25% on the grant date and vested another 25% on each of the next two anniversaries of the
grant date. The remaining 25% (625 shares) vested on June 20, 2009. The second time-based award was granted on April 18, 2008, vested
25% on the grant date, vested 25% (5,000 shares) on April 18, 2009, and is scheduled to vest 25% on each of the next two anniversaries of
the grant date. The performance-based restricted stock award vested on February 27, 2010. The number of shares awarded (2,388 shares)
was determined by the level of TSR achieved by our common stock compared to the TSR of companies that comprise the S&P 500 during a
three-year incentive period.
(5) The number reported reflects a time-based restricted stock award which was granted on July 5, 2006, vested 25% on the grant and another
25% on each of the two subsequent anniversaries of the grant date. The remaining 25% (5,000 shares) vested on July 5, 2009.
(6) Mr. Anderson exercised options to purchase shares as follows:
Number of Shares Exercise Date Exercise Price Average Market Price
50,000 March 31, 2009 $23.19 $37.44
50,000 April 1, 2009 $23.19 $37.37
46,250 April 2, 2009 $23.19 $39.77
31,000 November 3, 2009 $31.17 $39.15
30,000 November 11, 2009 $24.71 $43.00
31,000 November 17, 2009 $31.17 $42.53
60,000 November 23, 2009 $24.71 $43.77
31,000 December 1, 2009 $31.17 $43.31
90,000 December 14, 2009 $24.71 $45.10
31,000 December 15, 2009 $31.17 $42.36
31,000 December 29, 2009 $31.17 $40.73
31,000 January 12, 2010 $31.17 $38.93
31,000 January 26, 2010 $31.17 $37.27
31,000 February 9, 2010 $31.17 $35.83
31,000 February 23, 2010 $31.17 $36.59
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