ODP Corp — Director's Dealing 2010

Mar 18, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFFICE DEPOT INC (ODP)
CIK: 0000800240
Period of Report: 2010-03-16

Reporting Person: Schmidt Steven Mark (Pres-N Amer Business Solutions)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-16	Common Stock	M	100000	$0.85	Acquired	249924	Direct
2010-03-16	Common Stock	S	100000	$8.04	Disposed	149924	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-16	Option (Right to Buy)	$0.85	M	100000	Disposed	2016-03-04	Common Stock (100000)	Direct

Footnotes

F1: Sales were effected pursuant to instructions from a 10b5-1 Sales Plan entered into on 3/9/2010 between reporting person and financial advisor.