Filing Details

Accession Number:
0000921895-14-000527
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-11 21:35:41
Reporting Period:
2014-03-11
Filing Date:
2014-03-11
Accepted Time:
2014-03-11 21:35:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
800240 Office Depot Inc ODP Retail-Miscellaneous Shopping Goods Stores (5940) 592663954
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1362697 C Jeffrey Smith C/O Starboard Value Lp
830 Third Avenue, 3Rd Floor
New York NY 10022
Yes No Yes 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 2014-03-11 4,841 $4.59 1,394,870 No 4 P Indirect By Starboard Value and Opportunity C LP
Common Stock Acquisiton 2014-03-11 2,466 $4.56 1,397,336 No 4 P Indirect By Starboard Value and Opportunity C LP
Common Stock Acquisiton 2014-03-11 5,864 $4.59 1,403,200 No 4 P Indirect By Starboard Value and Opportunity C LP
Common Stock Acquisiton 2014-03-11 37,452 $4.59 13,058,286 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2014-03-11 19,083 $4.56 13,077,369 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2014-03-11 45,366 $4.59 13,122,735 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2014-03-11 8,726 $4.59 2,910,265 No 4 P Indirect By Starboard Value and Opportunity S LLC
Common Stock Acquisiton 2014-03-11 4,446 $4.56 2,914,711 No 4 P Indirect By Starboard Value and Opportunity S LLC
Common Stock Acquisiton 2014-03-11 10,570 $4.59 2,925,281 No 4 P Indirect By Starboard Value and Opportunity S LLC
Common Stock Acquisiton 2014-03-11 210,481 $4.59 28,510,492 No 4 P Indirect By Managed Accounts of Starboard Value LP
Common Stock Acquisiton 2014-03-11 107,245 $4.56 28,617,737 No 4 P Indirect By Managed Accounts of Starboard Value LP
Common Stock Acquisiton 2014-03-11 254,960 $4.59 28,872,697 No 4 P Indirect By Managed Accounts of Starboard Value LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Starboard Value and Opportunity C LP
No 4 P Indirect By Starboard Value and Opportunity C LP
No 4 P Indirect By Starboard Value and Opportunity C LP
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard Value and Opportunity S LLC
No 4 P Indirect By Starboard Value and Opportunity S LLC
No 4 P Indirect By Starboard Value and Opportunity S LLC
No 4 P Indirect By Managed Accounts of Starboard Value LP
No 4 P Indirect By Managed Accounts of Starboard Value LP
No 4 P Indirect By Managed Accounts of Starboard Value LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 21,084 Direct
Footnotes
  1. Shares owned directly by Starboard Value and Opportunity C LP ("Starboard C LP"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP LLC ("Starboard Value GP"), the general partner of the investment manager of Starboard C LP, and as a member and member of the Management Committee of Starboard Principal Co GP LLC ("Principal GP"), the general partner of the member of Starboard Value GP, may be deemed to beneficially own the shares owned directly by Starboard C LP for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  2. Shares owned directly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard V&O Fund, and as a member and member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the shares owned directly by Starboard V&O Fund for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  3. Shares owned directly by Starboard Value and Opportunity S LLC ("Starboard S LLC"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the manager of Starboard S LLC, and as a member and member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the shares owned directly by Starboard S LLC for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  4. Shares held in certain accounts managed by Starboard Value LP (the "Managed Accounts"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of Starboard Value LP, and as a member and member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the shares held in the Managed Accounts for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  5. Represents the number of shares of the Issuer's Common Stock issued to the Reporting Person as compensation for service on the Issuer's Board of Directors, of which 25% vested immediately on the grant date and 75% vested in full upon the closing of the Issuer's merger with OfficeMax Incorporated.