4//SEC Filing
Williams Michael 4
Accession 0000791519-17-000122
CIK 0000791519other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 4:12 PM ET
Size
7.0 KB
Accession
0000791519-17-000122
Insider Transaction Report
Form 4
STAPLES INCSPLS
Williams Michael
SVP, General Counsel
Transactions
- Disposition to Issuer
Common Stock
2017-09-12$10.25/sh−28,314$290,219→ 75,143 total - Disposition to Issuer
Common Stock
2017-09-12$10.25/sh−75,143$770,216→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated as of June 28, 2017 among issuer, Arch Parent Inc. and Arch Merger Sub Inc. (the "Merger Agreement"), pursuant to which Arch Merger Sub Inc. merged with and into the issuer (the "Merger") effective as of September 12, 2017.
- [F2]ESPP - Adjusted to reflect additional shares acquired through reporting person's participation in Staples Employee Stock Purchase Plan.
- [F3]Pursuant to the Merger Agreement, restricted stock units outstanding immediately prior to the effective time of the Merger were canceled and converted into the contingent right to receive an amount in cash equal to $10.25 per underlying share on the earlier of (i) the date on which the original vesting conditions applicable to the award (taking into account any accelerated vesting provisions to which the award is subject) are satisfied or (ii) 180 days following the closing date, subject, in each case, to the reporting person's continuous service to the issuer through the applicable vesting date.
Documents
Issuer
STAPLES INC
CIK 0000791519
Entity typeother
Related Parties
1- filerCIK 0001562178
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 4:12 PM ET
- Size
- 7.0 KB