ODP Corp — Director's Dealing 2013

Aug 26, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFFICE DEPOT INC (ODP)
CIK: 0000800240
Period of Report: 2013-08-22

Reporting Person: VASSALLUZZO JOSEPH (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-22	Common Stock	A	21084.0000	$0.0000	Acquired	35534.0000	Direct
2013-08-23	Common Stock	P	9500.0000	$4.1698	Acquired	45034.0000	Direct

Footnotes

F1: Represents the number of shares of the Issuer's common stock issued to the Reporting Person as compensaton for service on the Issuer's Board of Directors, of which 25% vest immediately on the grant date; and 75% will vest in full, if applicable, upon the earlier of: (1) the closing date of Issuer's merger with OfficeMax if the Reporting Person is appointed to the board after the merger (the "NewCo Board"), (2) the termination of Issuer's merger agreement with OfficeMax, or (3) the date of the 2014 Annual Shareholder Meeting for Office Depot. If the merger with OfficeMax closes and the Reporting Person is not appointed to NewCo's Board, then the Reporting Person will immediately forfeit this portion of the equity award.