SEC Form 4 · accession 0001240151-15-000011
FOOT LOCKER, INC. · FL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ken C Hicks
Officer — Executive Chairman · Director
Period of report
Feb 6, 2015
Accepted (ET)
Feb 9, 2015 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000850209
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 6, 2015 | M | 40,000 | $34.24 | A | 557,010 | D | |
| Common StockF2 | Feb 6, 2015 | S | 300 | $54.3283 | D | 556,710 | D | |
| Common StockF3 | Feb 6, 2015 | S | 39,700 | $54.6697 | D | 517,010 | D | |
| Common Stock | holding | — | — | — | 252 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $34.24 | Feb 6, 2015 | M | 40,000 | D | Mar 28, 2014 | Mar 28, 2023 | Common Stock | 40,000 | 200,000 | D |
Explanation of responses
- F1The stock option exercise and sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 30, 2014.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $54.315 to $54.34, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $54.35 to $55.34, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4Option granted on March 28, 2013 and became exercisable in three equal annual installments, beginning March 28, 2014, which is the first anniversary of the date of grant.