Quincy L. Allen - Apr 26, 2024 Form 4 Insider Report for ODP Corp (ODP)

Role
Director
Signature
/s/ Sarah E. Hlavinka, Attorney-in-Fact
Stock symbol
ODP
Transactions as of
Apr 26, 2024
Transactions value $
$0
Form type
4
Date filed
4/30/2024, 04:09 PM
Previous filing
Feb 7, 2024
Next filing
May 9, 2024

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 +3.07K +15.93% $0.00 22.3K Apr 26, 2024 Common Stock 3.07K $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 within 30 days following the first, second and third anniversary of the Reporting Person's termination or expiration of term of service on the Issuer's Board of Directors.