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 OF SECURITIES 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 * WILLETT ROBERT 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) CEO Best Buy International (Last) (First) (Middle) 7601 PENN AVENUE SOUTH 3. Date of Earliest Transaction (Month/Day/Year) 04/26/2007 (Street) RICHFIELD, MN 55423 4. If Amendment, Date Original Filed(Month/Day/Year) 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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               44,850 D   Common Stock 04/26/2007   A   103,820 A $ 0 103,820 D (1)   Common Stock               7,500 D (2)   Common Stock               259 I 401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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 (Month/Day/Year)

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)

$ 34.44

04/12/2002(4)

04/11/2012

Common Stock

11,250

11,250

D

Stock Option (Right to Buy)

$ 37

04/23/2004(3)

04/22/2014

Common Stock

150,000

150,000

D

Stock Option (Right to Buy)

$ 36.73

10/11/2004(3)

10/10/2014

Common Stock

45,000

45,000

D

Stock Option (Right to Buy)

$ 46.8

11/08/2005(3)

11/07/2015

Common Stock

30,005

30,005

D

Stock Option (Right to Buy)

$ 55.46

10/23/2006(3)

10/22/2016

Common Stock

110,500

110,500

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
WILLETT ROBERT A 7601 PENN AVENUE SOUTH RICHFIELD, MN 55423			CEO Best Buy International

Signatures

/s/ Lisa Beth Lentini Attorney-in-fact for Robert A. Willett		04/30/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Restricted shares that will vest at 100% on April 26, 2007, based on the continued employment of Mr. Willett with Best Buy.
(2)	Restricted shares that will vest in a range from 0%-100% three years from the date of grant, depending on satisfaction of certain performance factors.
(3)	The date indicated is the grant date and the options vest in four equal annual installments beginning one year from such date.
(4)	Unregistered securities acquired in recognition of services to the board prior to employment with the company.

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