SEC Form 4 · accession 0001240151-15-000038
FOOT LOCKER, INC. · FL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey L Berk
Officer — SVP - Real Estate
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 5:13 pm EDT
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 | Mar 25, 2015 | A | 6,892 | $0.00 | A | 6,892 | D |
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)F2 | $62.11 | Mar 25, 2015 | A | 16,000 | A | Mar 25, 2016 | Mar 25, 2025 | Common Stock | 16,000 | 16,000 | D |
Explanation of responses
- F1Represents performance-based restricted stock units earned for the 2013-2014 long-term incentive period, as the performance conditions for this performance period were met and certified as of March 25, 2015. The restricted stock units will vest on March 28, 2016 and are payable solely in shares of the Company's common stock.
- F2Option becomes exercisable in three equal annual installments, beginning March 25, 2016, which is the first anniversary of the date of grant.