0000791519-17-000124.txt : 20170912 0000791519-17-000124.hdr.sgml : 20170912 20170912161327 ACCESSION NUMBER: 0000791519-17-000124 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170912 FILED AS OF DATE: 20170912 DATE AS OF CHANGE: 20170912 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ringel Neil CENTRAL INDEX KEY: 0001697240 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17586 FILM NUMBER: 171081246 MAIL ADDRESS: STREET 1: 500 STAPLES DRIVE CITY: FRAMINGHAM STATE: MA ZIP: 01702 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: STAPLES INC CENTRAL INDEX KEY: 0000791519 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940] IRS NUMBER: 042896127 STATE OF INCORPORATION: DE FISCAL YEAR END: 0129 BUSINESS ADDRESS: STREET 1: 500 STAPLES DRIVE STREET 2: P O BOX 9328 CITY: FRAMINGHAM STATE: MA ZIP: 01702 BUSINESS PHONE: 5082535000 MAIL ADDRESS: STREET 1: 500 STAPLES DR CITY: FRAMINGHAM STATE: MA ZIP: 01702 4 1 wf-form4_150524719309247.xml FORM 4 X0306 4 2017-09-12 1 0000791519 STAPLES INC SPLS 0001697240 Ringel Neil 500 STAPLES DRIVE FRAMINGHAM MA 01702 0 1 0 0 President NA Delivery Common Stock 2017-09-12 4 D 0 14685.711 10.25 D 130774 D Common Stock 2017-09-12 4 D 0 130774 10.25 D 0 D Phantom Stock Unit SERP 2017-09-12 4 D 0 781 10.25 D Common Stock 781.0 0 D Phantom Stock Unit 401(k) 2017-09-12 4 D 0 637 10.25 D Common Stock 637.0 0 D Disposed of pursuant to the Agreement and Plan of Merger dated as of June 28, 2017 among issuer, Arch Parent Inc. and Arch Merger Sub Inc. (the "Merger Agreement"), pursuant to which Arch Merger Sub Inc. merged with and into the issuer (the "Merger") effective as of September 12, 2017. Pursuant to the Merger Agreement, restricted stock units outstanding immediately prior to the effective time of the Merger were canceled and converted into the contingent right to receive an amount in cash equal to $10.25 per underlying share on the earlier of (i) the date on which the original vesting conditions applicable to the award (taking into account any accelerated vesting provisions to which the award is subject) are satisfied or (ii) 180 days following the closing date, subject, in each case, to the reporting person's continuous service to the issuer through the applicable vesting date. Phantom Stock Units are held in a SERP and are payable in cash following the reporting person's termination of employment. Number of underlying shares of common stock is based on August 29, 2017 account statement. At the effective time of the Merger, the retirement plan investments represented by the phantom stock units were converted into cash equal to $10.25 per underlying share. 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 is based on August 29, 2017 account statement and reflects acquisitions resulting from dividend reinvestment feature. Michael Williams, attorney-in-fact 2017-09-12