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ODP Corp Director's Dealing 2016

Mar 2, 2016

32365_dirs_2016-03-02_394758de-fa9f-49b5-8dca-3fa997c1a6a4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFFICE DEPOT INC (ODP)
CIK: 0000800240
Period of Report: 2016-02-29

Reporting Person: Garcia C Elisa D (EVP-Chief Legal Officer & Secy)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-02-29 Common Stock M 112500.0000 $1.0600 Acquired 560446.0000 Direct
2016-02-29 Common Stock M 75000.0000 $0.8500 Acquired 635446.0000 Direct
2016-02-29 Common Stock S 84260.0000 $5.1230 Disposed 551186.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-02-29 Option (Right to Buy) $0.8500 M 75000.0000 Disposed 2016-03-04 Common Stock (75000.0000) Direct
2016-02-29 Option (Right to Buy) $1.0600 M 112500.0000 Disposed 2016-03-04 Common Stock (112500.0000) Direct

Footnotes

F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.115 to $5.140, 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.