President of Staples just sold 12,149 shares

Joseph Doody, President of Staples, recently sold 12,149 shares of the company. The sales took place at $16.04 per share, on July 01, 2013. Doody still owns 388,688 shares of the company. Doody operates out of Framingham, MA.

The above information was disclosed in a filing to the SEC. Some additional info was provided as follows:

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 termination of employment. Number of underlying shares of common stock are based on June 28, 2013 account statement. See Table II, Column 2 Phantom Stock Units are held in a 401k and are payable in cash following termination of employment. Number of underlying shares of common stock are based on June 28, 2013 account statement.

To see this filing in its entirety, click here

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