Vesa Equity Investment S.a r.l. - Jun 25, 2021 Form 4 Insider Report for FOOT LOCKER, INC. (FL)

Role
10%+ Owner
Signature
/s/ Jan Bilek, as attorney in fact for Vesa Equity Investment S.a r.l.
Stock symbol
FL
Transactions as of
Jun 25, 2021
Transactions value $
-$7,387,905
Form type
4
Date filed
6/29/2021, 09:55 PM
Previous filing
Jun 4, 2021
Next filing
Jul 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FL Common stock Sale -$7.39M -116K -0.9% $63.71 12.8M Jun 25, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.50 to $63.97, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer 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 range set forth herein.
F2 Vesa Equity Investment S.a r.l ("Vesa Equity") is the record holder of the shares reported herein. The sole shareholder of Vesa Equity is EP Equity Investment S.a r.l. ("EP Equity Investment") and its principal shareholder is EP Investment S.a.r.l. ("EP Investment"), the ultimate beneficial owner of which is Daniel Kretinsky. Each of EP Equity Investment, EP Investment and Mr. Kretinsky disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.

Remarks:

Certain of these transactions are matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with certain prior purchases of shares by the Reporting Persons. The Reporting Persons have indicated to the Issuer their intent to disgorge, and will disgorge, on a voluntary basis, the full amount of any recoverable profits to the Issuer.