ODP Corp — Director's Dealing 2014

Feb 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFFICE DEPOT INC (ODP)
CIK: 0000800240
Period of Report: 2014-02-14

Reporting Person: Schmidt Steven Mark (President, International)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-14	Common Stock	M	150000.0000	$0.8500	Acquired	862717.0000	Direct
2014-02-14	Common Stock	S	150000.0000	$5.0800	Disposed	712717.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-14	Option (Right to Buy)	$0.8500	M	150000.0000	Disposed	2016-03-04	Common Stock (150000.0000)	Direct

Footnotes

F1: Exercise and sale effected pursuant to instructions from a 10b5-1 Plan entered into on 11/15/2013 between the Reporting Person and his financial advisor.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.06 to $5.11, inclusive. The reporting person undertakes to provide to Office Depot, Inc., any security holder of Office Depot, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.