Gerry P. Smith - Feb 17, 2022 Form 4 Insider Report for ODP Corp (ODP)

Role
Chief Executive Officer, Director
Signature
/s/ N. David Bleisch, Attorney-in-Fact
Stock symbol
ODP
Transactions as of
Feb 17, 2022
Transactions value $
-$921,834
Form type
4
Date filed
3/14/2022, 08:21 PM
Previous filing
Jan 26, 2022
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ODP Common Stock Award $0 +109K +18.99% $0.00 686K Feb 17, 2022 Direct F1
transaction ODP Common Stock Award $0 +70K +10.2% $0.00 756K Mar 10, 2022 Direct F2
transaction ODP Common Stock Tax liability -$922K -21.5K -2.85% $42.87 734K Mar 10, 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.