ODP Corp — Director's Dealing 2017

Mar 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFFICE DEPOT INC (ODP)
CIK: 0000800240
Period of Report: 2017-03-28

Reporting Person: Calkins Stephen R (EVP-Chief Legal Officer & Secy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-28	Common Stock	F	10207.0000	$4.5300	Disposed	443586.0000	Direct
2017-03-28	Common Stock	F	32746.0000	$4.5300	Disposed	410840.0000	Direct
2017-03-29	Common Stock	S	45434.0000	$4.5710	Disposed	365406.0000	Direct

Footnotes

F1: Shares of common stock withheld by Issuer to satisfy tax withholding obligations on vesting of shares with restrictions from a grant issued on March 28, 2014.

F2: Shares of common stock withheld by Issuer to satisfy tax withholding obligations on vesting of shares underlying the payout of performance stock units.

F3: Sale effected pursuant to instructions from a 10b5-1 Plan entered into on 3/8/2016 (as amended 8/26/2016) between the Reporting Person and his financial advisor.

F4: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.450 to $4.635, 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.