SEC Form 4 · accession 0000791519-17-000033
STAPLES INC · SPLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Doody
Officer — Vice Chairman
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000791519
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 7, 2017 | A | 87,291 | $0.00 | A | 555,011 | D | |
| Common Stock | Mar 7, 2017 | F | 26,821 | $8.78 | D | 528,190 | D | |
| Common StockF3 | Mar 8, 2017 | A | 80,696 | $0.00 | A | 608,886 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock Unit SERPF4,F5 | — | holding | — | — | — | — | — | Common Stock | 3,415 | 3,415 | D |
| Phantom Stock Unit 401(k)F6,F5 | — | holding | — | — | — | — | — | Common Stock | 2,019 | 2,019 | D |
Explanation of responses
- F1Shares acquired upon settlement of 2014-2016 performance share awards.
- F2ESPP - Adjusted to reflect additional shares acquired through reporting person's participation in Staples Employee Stock Purchase Plan.
- F3Restricted Stock Unit vesting as follows: 1/3 vests on March 8, 2018; 1/3 vests on March 8, 2019; 1/3 vests on March 8, 2020.
- F4Phantom Stock Units are held in a SERP and are payable in cash following the reporting person's termination of employment. Number of underlying shares of common stock is based on January 5, 2017 account statement and reflects acquisitions resulting from dividend reinvestment feature.
- F5See Table II, Column 2
- F6Phantom Stock Units are held in a 401(k) and are payable in cash following the reporting person's termination of employment. Number of underlying shares of common stock is based on January 5, 2017 account statement and reflects acquisitions resulting from dividend reinvestment feature.