Vesa Equity Investment S.a r.l. - 25 Jun 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.
Issuer symbol: FL
Transactions as of: 25 Jun 2021
Net transactions value: -$7,387,905
Form type: 4
Filing time: 29 Jun 2021, 21:55:37 UTC
Previous filing: 04 Jun 2021
Next filing: 14 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FL	Common stock	Sale	$7,387,905	-115,954	-0.9%	$63.71	12,814,410	25 Jun 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.

Content

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.

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.