ODP Corp — Director's Dealing 2016

Mar 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFFICE DEPOT INC (ODP)
CIK: 0000800240
Period of Report: 2016-03-04

Reporting Person: Johansson Juliet (EVP & Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-04	Common Stock	F	2412.0000	$5.2600	Disposed	113449.0000	Direct
2016-03-04	Common Stock	D	6406.0000	$5.2600	Disposed	107043.0000	Direct

Footnotes

F1: Portion of award deemed withheld by Issuer to satisfy tax withholding obligations on vesting of award with restrictions from a grant issued on March 4, 2015.

F2: The Compensation Committee of the Board of Directors of the Issuer approved the cash settlement of the Reporting Person's award based on provisions set forth in the Agreement and Plan of Merger by and among the Issuer, Staples, Inc., and Staples AMS, Inc., dated as of February 4, 2015 (the "Merger Agreement") requiring the cash settlement of such award while the Merger Agreement is effective.