JOHN GANNFORS - 17 Feb 2022 Form 4 Insider Report for ODP Corp (ODP)

Role
EVP-Chief Merchandising and, Supply Chain Officer
Signature
/s/ N. David Bleisch, Attorney-in-Fact
Issuer symbol
ODP
Transactions as of
17 Feb 2022
Net transactions value
-$122,951
Form type
4
Filing time
14 Mar 2022, 20:21:51 UTC
Previous filing
19 Oct 2021
Next filing
18 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ODP Common Stock Award $0 +11,727 +16% $0.000000 83,407 17 Feb 2022 Direct F1
transaction ODP Common Stock Award $0 +11,197 +13% $0.000000 94,604 10 Mar 2022 Direct F2
transaction ODP Common Stock Tax liability $122,951 -2,868 -3% $42.87 91,736 10 Mar 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent performance-based restricted stock units that vested on February 17, 2022.
F2 The reporting person was granted Restricted Stock Units ("RSUs") on March 10, 2022, of which one-third of the RSUs will vest and settle in shares of the Issuer's common stock on each of March 10, 2023, March 10, 2024, and March 10, 2025, respectively.
F3 Shares of common stock withheld by Issuer to satisfy tax withholding obligations on vesting of shares with restrictions from a grant issued on March 10, 2020.