SEC Form 4 · accession 0001225208-17-006725
OFFICE DEPOT INC · ODP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen R Calkins
Officer — EVP-Chief Legal Officer & Secy
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 | 11,622 | $4.71 | D | 469,229 | D | |
| Common StockF3 | Mar 21, 2017 | S | 15,436 | $4.632 | D | 453,793 | 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.
- F2Sale effected pursuant to instructions from a 10b5-1 Plan entered into on 3/8/2016 (as amended 8/26/2016) between the 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 $4.590 to $4.690, 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.