SEC Form 4 · accession 0001225208-17-006724
OFFICE DEPOT INC · ODP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Allison
Officer — Chief Administrative Officer
Period of report
Mar 20, 2017
Accepted (ET)
Mar 22, 2017 · 5:20 pm EDT
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 20, 2017 | F | 19,370 | $4.71 | D | 852,107 | D | |
| Common StockF3 | Mar 21, 2017 | S | 35,000 | $4.609 | D | 817,107 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of common stock withheld by Issuer to satisfy tax withholding obligations on vesting of shares with restrictions from a grant issued on May 27, 2016.
- F2Sales were effected pursuant to instructions from a 10b5-1 Trading Plan entered into on 8/24/2016 between Reporting Person and his financial advisor.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.593 to $4.646, inclusive. The Reporting Person undertakes to provide to Office Depot, Inc., any security holder of Office Depot, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.