SEC Form 4 · accession 0001225208-17-009991
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
May 16, 2017
Accepted (ET)
May 17, 2017 · 4:55 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 Stock | May 16, 2017 | M | 25,000 | $4.27 | A | 763,691 | D | |
| Common StockF1 | May 16, 2017 | S | 66,217 | $5.081 | D | 697,474 | 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) | $4.27 | May 16, 2017 | M | 25,000 | D | May 3, 2012 | May 3, 2018 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.065 to $5.085, 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.