4//SEC Filing
Komola Christine T 4
Accession 0000791519-17-000127
CIK 0000791519other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 4:14 PM ET
Size
16.7 KB
Accession
0000791519-17-000127
Insider Transaction Report
Form 4
STAPLES INCSPLS
Komola Christine T
SVP, Controller
Transactions
- Disposition to Issuer
Common Stock
2017-09-12$10.25/sh−207,967.526$2,131,667→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2017-09-12$10.25/sh−14,028$143,787→ 0 total(indirect: By Trust) - Disposition to Issuer
Phantom Stock Unit SERP
2017-09-12$10.25/sh−2,186$22,407→ 0 total→ Common Stock (2,186 underlying) - Disposition to Issuer
Phantom Stock Unit 401(k)
2017-09-12$10.25/sh−1,629$16,697→ 0 total→ Common Stock (1,629 underlying) - Other
Common Stock
2017-07-05−1,241.311→ 126,604 total - Other
Common Stock
2017-07-05+1,241.311→ 207,967.526 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2017-09-12$10.25/sh−126,604$1,297,691→ 0 total
Footnotes (8)
- [F1]Transfer from a direct holding to an indirect holding.
- [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.
- [F4]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.
- [F5]Phantom Stock Units are held in a SERP and are payable in cash following the reporting person's termination of employment. Number of underlying shares of common stock is based on August 29, 2017 account statement and reflects acquisitions resulting from dividend reinvestment feature.
- [F6]At the effective time of the Merger, the retirement plan investments represented by the phantom stock units were converted into cash equal to $10.25 per underlying share.
- [F7]See Table II, Column 2.
- [F8]Phantom Stock Units are held in a 401(k) and are payable in cash following the reporting person's termination of employment. Number of underlying shares of common stock is based on August 29, 2017 account statement and reflects acquisitions resulting from dividend reinvestment feature.
Documents
Issuer
STAPLES INC
CIK 0000791519
Entity typeother
Related Parties
1- filerCIK 0001294293
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 4:14 PM ET
- Size
- 16.7 KB