SEC Form 4 · accession 0001240151-17-000022
FOOT LOCKER, INC. · FL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Jacobs
Officer — EVP & CEO North America
Period of report
Mar 22, 2017
Accepted (ET)
Mar 24, 2017 · 5:26 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 22, 2017 | A | 6,910 | $0.00 | A | 6,910 | 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 | $72.83 | Mar 22, 2017 | A | 32,093 | A | Mar 22, 2018 | Mar 22, 2027 | Common Stock | 32,093 | 32,093 | D |
Explanation of responses
- F1Represents performance-based restricted stock units for the 2015-16 long-term incentive period, as the performance conditions for this performance period were met and certified as of March 22, 2017. The restricted stock units will vest on March 25, 2018 and are payable solely in shares of the Company's common stock.
- F2Option becomes exercisable in three equal annual installments, beginning March 22, 2018, which is the first anniversary of the date of grant.