SEC Form 4 · accession 0001225208-17-005076
OFFICE DEPOT INC · ODP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerry P Smith
Officer — Chief Executive Officer · Director
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 4:35 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 | Feb 27, 2017 | A | 1,011,236 | $0.00 | A | 1,011,236 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F2 | $4.45 | Feb 27, 2017 | A | 1,365,498 | A | Feb 27, 2018 | Feb 27, 2027 | Common Stock | 1,365,498 | 1,365,498 | D |
Explanation of responses
- F1These restricted stock units will be settled in shares of the Company's common stock at the time of vesting, and will vest with respect to one-third of the underlying shares on February 27, 2018, February 27, 2019 and February 27, 2020.
- F2Each option is exercisable with respect to one-third of the shares on each annual anniversary of the date of the grant.