0000921895-14-000527.txt : 20140311 0000921895-14-000527.hdr.sgml : 20140311 20140311213541 ACCESSION NUMBER: 0000921895-14-000527 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140311 FILED AS OF DATE: 20140311 DATE AS OF CHANGE: 20140311 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OFFICE DEPOT INC CENTRAL INDEX KEY: 0000800240 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940] IRS NUMBER: 592663954 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 BUSINESS ADDRESS: STREET 1: 6600 NORTH MILITARY TRAIL CITY: BOCA RATON STATE: FL ZIP: 33496 BUSINESS PHONE: 561-438-8176 MAIL ADDRESS: STREET 1: 6600 NORTH MILITARY TRAIL CITY: BOCA RATON STATE: FL ZIP: 33496 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Smith Jeffrey C CENTRAL INDEX KEY: 0001362697 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10948 FILM NUMBER: 14686026 MAIL ADDRESS: STREET 1: C/O STARBOARD VALUE LP STREET 2: 830 THIRD AVENUE, 3RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 form406297104b_03112014.xml OWNERSHIP DOCUMENT X0306 4 2014-03-11 0 0000800240 OFFICE DEPOT INC ODP 0001362697 Smith Jeffrey C C/O STARBOARD VALUE LP 830 THIRD AVENUE, 3RD FLOOR NEW YORK NY 10022 1 0 1 0 Common Stock 2014-03-11 4 P 0 4841 4.5937 A 1394870 I By Starboard Value and Opportunity C LP Common Stock 2014-03-11 4 P 0 2466 4.5643 A 1397336 I By Starboard Value and Opportunity C LP Common Stock 2014-03-11 4 P 0 5864 4.5928 A 1403200 I By Starboard Value and Opportunity C LP Common Stock 2014-03-11 4 P 0 37452 4.5937 A 13058286 I By Starboard Value and Opportunity Master Fund Ltd Common Stock 2014-03-11 4 P 0 19083 4.5643 A 13077369 I By Starboard Value and Opportunity Master Fund Ltd Common Stock 2014-03-11 4 P 0 45366 4.5928 A 13122735 I By Starboard Value and Opportunity Master Fund Ltd Common Stock 2014-03-11 4 P 0 8726 4.5937 A 2910265 I By Starboard Value and Opportunity S LLC Common Stock 2014-03-11 4 P 0 4446 4.5643 A 2914711 I By Starboard Value and Opportunity S LLC Common Stock 2014-03-11 4 P 0 10570 4.5928 A 2925281 I By Starboard Value and Opportunity S LLC Common Stock 2014-03-11 4 P 0 210481 4.5937 A 28510492 I By Managed Accounts of Starboard Value LP Common Stock 2014-03-11 4 P 0 107245 4.5643 A 28617737 I By Managed Accounts of Starboard Value LP Common Stock 2014-03-11 4 P 0 254960 4.5928 A 28872697 I By Managed Accounts of Starboard Value LP Common Stock 21084 D 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. 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. 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. 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. 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. /s/ Jeffrey C. Smith 2014-03-11