SEC Form 4 · accession 0001225208-16-029481
OFFICE DEPOT INC · ODP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Juliet Johansson
Officer — EVP & Chief Strategy Officer
Period of report
Mar 4, 2016
Accepted (ET)
Mar 8, 2016 · 7:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000800240
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 4, 2016 | F | 2,412 | $5.26 | D | 113,449 | D | |
| Common StockF2 | Mar 4, 2016 | D | 6,406 | $5.26 | D | 107,043 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Portion of award deemed withheld by Issuer to satisfy tax withholding obligations on vesting of award with restrictions from a grant issued on March 4, 2015.
- F2The Compensation Committee of the Board of Directors of the Issuer approved the cash settlement of the Reporting Person's award based on provisions set forth in the Agreement and Plan of Merger by and among the Issuer, Staples, Inc., and Staples AMS, Inc., dated as of February 4, 2015 (the "Merger Agreement") requiring the cash settlement of such award while the Merger Agreement is effective.