OFFICE DEPOT INC 4
4 · OFFICE DEPOT INC · Filed Mar 8, 2016
Insider Transaction Report
Form 4
HARE STEPHEN E
EVP & Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2016-03-04$5.26/sh−9,648$50,748→ 463,271 total - Disposition to Issuer
Common Stock
2016-03-04$5.26/sh−25,625$134,788→ 437,646 total
Footnotes (2)
- [F1]Portion of award deemed withheld by Issuer to satisfy tax withholding obligations on vesting of award with restrictions from a grant issued on March 4, 2015.
- [F2]The Compensation Committee of the Board of Directors of the Issuer approved the cash settlement of the Reporting Person's award based on provisions set forth in the Agreement and Plan of Merger by and among the Issuer, Staples, Inc., and Staples AMS, Inc., dated as of February 4, 2015 (the "Merger Agreement") requiring the cash settlement of such award while the Merger Agreement is effective.