OFFICE DEPOT INC 4
4 · OFFICE DEPOT INC · Filed Jul 15, 2016
Insider Transaction Report
Form 4
MASSEY MICHAEL J
Director
Transactions
- Award
Restricted Stock Unit
2016-07-13+37,538→ 100,366 total→ Common Stock (37,538 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]Annual equity grant to the Reporting Person for compensation for service as a member of the Board of Directors of the Issuer.
- [F3]The restricted stock unit fully vests on the Grant Date. Vested shares will be distributed to the reporting person immediately following the termination of the reporting person's service on the Board of Directors.