Quincy L. Allen - Apr 28, 2022 Form 4 Insider Report for ODP Corp (ODP)

Role
Director
Signature
/s/ N. David Bleisch, Attorney-in-Fact
Stock symbol
ODP
Transactions as of
Apr 28, 2022
Transactions value $
$0
Form type
4
Date filed
5/12/2022, 05:37 PM
Previous filing
Feb 9, 2022
Next filing
May 4, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ODP Restricted Stock Unit Award $0 +3.57K +29.83% $0.00 15.6K Apr 28, 2022 Common Stock 3.57K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock.
F2 Annual equity grant to the Reporting Person for compensation for service as a member of the Board of Directors of the Issuer.
F3 The restricted stock unit fully vests on the Grant Date. Vested shares will be distributed to the Reporting Person in three equal annual installments on each of the first, second and third anniversaries of the date of separation of the Reporting Person's service on the Issuer's Board of Directors.