David C. Centrella - Mar 10, 2023 Form 4 Insider Report for ODP Corp (ODP)

Role
EVP, President of ODP Business, Solutions
Signature
/s/ Sarah E. Hlavinka, Attorney-in-Fact
Stock symbol
ODP
Transactions as of
Mar 10, 2023
Transactions value $
-$106,447
Form type
4
Date filed
3/14/2023, 09:09 PM
Previous filing
May 11, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ODP Common Stock Award $0 +8.39K +24.55% $0.00 42.6K Mar 10, 2023 Direct F1
transaction ODP Common Stock Tax liability -$41.6K -872 -2.05% $47.67 41.7K Mar 10, 2023 Direct F2
transaction ODP Common Stock Tax liability -$64.9K -1.36K -3.26% $47.67 40.3K Mar 10, 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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