DAVID C. CENTRELLA - 10 Mar 2023 Form 4 Insider Report for ODP Corp (ODP)

Role
EVP, President of ODP Business, Solutions
Signature
/s/ Sarah E. Hlavinka, Attorney-in-Fact
Issuer symbol
ODP
Transactions as of
10 Mar 2023
Net transactions value
-$106,447
Form type
4
Filing time
14 Mar 2023, 21:09:37 UTC
Previous filing
11 May 2022
Next filing
16 Mar 2023
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 +8,391 +25% $0.000000 42,564 10 Mar 2023 Direct F1
transaction ODP Common Stock Tax liability $41,568 -872 -2% $47.67 41,692 10 Mar 2023 Direct F2
transaction ODP Common Stock Tax liability $64,879 -1,361 -3.3% $47.67 40,331 10 Mar 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted Restricted Stock Units ("RSUs") on March 10, 2023, of which one-third of the RSUs will vest and settle in shares of the Issuer's common stock on each of March 10, 2024, March 10, 2025, and March 10, 2026, respectively.
F2 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, 2022.
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.

Remarks:

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