MYERS MICHAEL J 4
4 · OFFICE DEPOT INC · Filed Feb 22, 2005
Insider Transaction Report
Form 4
MYERS MICHAEL J
Director
Transactions
- Award
Option (Right to Buy)
2005-02-11+4,200→ 4,200 totalExercise: $18.09From: 2006-02-11Exp: 2012-02-11→ Common Stock (4,200 underlying) - Award
Restricted Stock
2005-02-11+2,100→ 2,100 total
Footnotes (2)
- [F1]Restricted stock vests upon attainment of performance targets based upon earnings per share as determined by the Compensation Committee. Half vests upon attainment of one target, and the remaining half vests upon attainment of a higher target. If targets are not met within three (3) years, the restricted stock expires unvested.
- [F2]Each option is exercisable with respect to one-third of the shares on each annual anniversary of the date of the grant.