ODP Corp — Director's Dealing 2010

Jun 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFFICE DEPOT INC (ODP)
CIK: 0000800240
Period of Report: 2010-06-08

Reporting Person: LUECHTEFELD MONICA (EVP- E-Commerce & Direct Mktg)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-08	Option (Right to Buy)	$16.065	D	40000	Disposed	2012-02-04	Common Stock (40000)	Direct
2010-06-08	Option (Right to Buy)	$11.485	D	40000	Disposed	2013-02-14	Common Stock (40000)	Direct
2010-06-08	Option (Right to Buy)	$17.545	D	40000	Disposed	2014-02-18	Common Stock (40000)	Direct
2010-06-08	Option (Right to Buy)	$17.545	D	18750	Disposed	2011-02-18	Common Stock (18750)	Direct
2010-06-08	Option (Right to Buy)	$18.085	D	40000	Disposed	2012-02-11	Common Stock (40000)	Direct
2010-06-08	Option (Right to Buy)	$33.07	D	53524	Disposed	2013-02-14	Common Stock (53524)	Direct
2010-06-08	Option (Right to Buy)	$33.6	D	40028	Disposed	2014-02-28	Common Stock (40028)	Direct
2010-06-08	Option (Right to Buy)	$11.27	D	81549	Disposed	2015-03-05	Common Stock (81549)	Direct
2010-06-08	Option (Right to Buy)	$5.13	A	131190	Acquired	2017-06-08	Common Stock (131190)	Direct

Footnotes

F1: On June 8, 2010, the issuer cancelled, pursuant to the issuer's option exchange program, options granted to the reporting person on February 4, 2002, February 14, 2003, February 18, 2004, February 11, 2005, February 14, 2006, February 28, 2007and March 5, 2008. In exchange for such options, the reporting person received 131,190 new options.

F2: The new options will vest one-third on each anniversary of the date of the grant.