SEC Form 4 · accession 0001240151-16-000112
FOOT LOCKER, INC. · FL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pawan Verma
Officer — SVP, Chief Information Officer
Period of report
Mar 23, 2016
Accepted (ET)
Mar 25, 2016 · 2:30 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 23, 2016 | A | 898 | $0.00 | A | 898 | 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 | $63.79 | Mar 23, 2016 | A | 14,255 | A | Mar 23, 2017 | Mar 23, 2026 | Common Stock | 14,255 | 14,255 | D |
Explanation of responses
- F1Represents performance-based restricted stock units earned for the 2014-15 long-term incentive period, as the performance conditions for this performance period were met and certified as of March 23, 2016. The restricted stock units will vest on March 26, 2017 and are payable solely in shares of the Company's common stock.
- F2Option becomes exercisable in three equal annual installments, beginning March 23, 2017, which is the first anniversary of the date of grant.