SEC Form 4 · accession 0001240151-15-000013
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 17, 2015
Accepted (ET)
Feb 19, 2015 · 4:41 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 17, 2015 | M | 40,000 | $30.92 | A | 557,010 | D | |
| Common StockF2 | Feb 17, 2015 | S | 40,000 | $54.0217 | D | 517,010 | D | |
| Common Stock | Feb 18, 2015 | M | 40,000 | $30.92 | A | 557,010 | D | |
| Common StockF3 | Feb 18, 2015 | S | 40,000 | $53.5047 | 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 | $30.92 | Feb 17, 2015 | M | 40,000 | D | Mar 21, 2013 | Mar 21, 2022 | Common Stock | 40,000 | 233,333 | D |
| Employee Stock Option (right to buy)F4 | $30.92 | Feb 18, 2015 | M | 40,000 | D | Mar 21, 2013 | Mar 21, 2022 | Common Stock | 40,000 | 193,333 | D |
Explanation of responses
- F1The stock option exercise and sale reported on 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 $53.78 to $54.45, 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 $53.14 to $54.01, 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 21, 2012 and became exercisable in three equal annual installments, beginning March 21, 2013, which is the first anniversary of the date of grant.