Faust Drew G 4
4 · STAPLES INC · Filed Sep 12, 2017
Insider Transaction Report
Form 4
STAPLES INCSPLS
Faust Drew G
Director
Transactions
- Other
Common Stock
2017-06-16+20,115→ 78,730 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2017-09-12$10.25/sh−19,488$199,752→ 0 total - Other
Common Stock
2017-06-16−20,115→ 19,488 total - Disposition to Issuer
Common Stock
2017-09-12$10.25/sh−78,730$806,983→ 0 total(indirect: By Trust)
Footnotes (3)
- [F1]Transfer from a direct holding to an indirect holding.
- [F2]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.
- [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 closing date.