Filing Details
- Accession Number:
- 0001246360-12-002960
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-07-02 19:50:10
- Reporting Period:
- 2012-06-28
- Filing Date:
- 2012-07-02
- Accepted Time:
- 2012-07-02 18:50:10
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 791519 | Staples Inc | SPLS | Retail-Miscellaneous Shopping Goods Stores (5940) | 042896127 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1180656 | Ronald Sargent | Five Hundred Staples Drive Framingham MA 01702 | Chairman And Ceo | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2012-06-28 | 240,000 | $10.63 | 1,295,828 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2012-06-28 | 240,000 | $12.53 | 1,055,828 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2012-06-29 | 285,000 | $10.63 | 1,340,828 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2012-06-29 | 240,000 | $12.94 | 1,100,828 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2012-07-01 | 24,593 | $13.05 | 1,076,235 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2012-07-02 | 189,371 | $0.00 | 1,265,606 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Option to Purchase | Disposition | 2012-06-28 | 240,000 | $0.00 | 240,000 | $10.63 |
| Common Stock | Option to Purchase | Disposition | 2012-06-29 | 285,000 | $0.00 | 285,000 | $10.63 |
| Common Stock | Option to Purchase | Acquisiton | 2012-07-02 | 765,444 | $0.00 | 765,444 | $13.03 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 285,000 | 2003-08-01 | 2012-08-01 | No | 4 | M | Direct |
| 0 | 2003-08-01 | 2012-08-01 | No | 4 | M | Direct |
| 765,444 | 2013-07-02 | 2022-07-02 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 1,265,606 | Direct | |
| Common Stock | 2,910 | Indirect | Ronald L. Sargent GRAT 2007 |
| Common Stock | 49,598 | Indirect | Ronald L. Sargent Rev TR |
| Common Stock | 619,174 | Indirect | Sargent Partners LLC |
| Common Stock | 43,577 | Indirect | Sargent Family Inv. LLC |
| Common Stock | 19,313 | Indirect | Jill Sargent Irr. TR |
| Common Stock | 19,313 | Indirect | Ronald L. Sargent Irr. TR |
| Common Stock | 204,000 | Indirect | Ronald L. Sargent GRAT 2011 |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Phantom Stock Unit SERP | $0.00 | 8,235 | 8,235 | Direct | ||
| Common Stock | Phantom Stock Unit 401(k) | $0.00 | 6,911 | 6,911 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 8,235 | 8,235 | Direct | |
| 6,911 | 6,911 | Direct |
Footnotes
- ESPP - Adjusted to reflect additional shares acquired through reporting person's participation in Staples Employee Stock Purchase Plan.
- Phantom Stock Units are held in a SERP and are payable in cash following the reporting person's termination of employment. No of underlying shares of common stock are based on July 2, 2012 account statement.
- See Table II, Column 2
- Phantom Stock Units are held in a 401(k) and are payable in cash following the reporting person's termination of employment. Number of underlying shares of common stock are based on July 2, 2012 account statement.
- Monthly Vesting: Restricted by vesting schedule as follows: 25% will vest on the Date Exercisable and 2.083% will vest each month thereafter.
- These shares were sold to satisfy the option costs and withholding tax liability associated with the exercise of non-qualified options.
- The price reported represents the weighted average sales price of shares sold on June 28, 2012. Shares were sold at prices ranging from $12.50 to $12.605 per share. The reporting person hereby undertakes, upon the request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- The price reported represents the weighted average sales price of shares sold on June 29, 2012. Shares were sold at prices ranging from $12.84 to $13.05 per share. The reporting person hereby undertakes, upon the request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- Four Year Vesting: Options exercisable in four annual installments beginning on date stated.
- Restricted Stock Vesting 50% on the 2nd anniversary of the date of grant and 50% on the 3rd anniversary of the date of grant.
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