Richard A Johnson, Chairman of Footlocker Inc and a director of the company, recently cashed-in 50,000 options. The options were exercised at prices ranging between $11.66 and $23.42, while the disposals took place between $68.00 and $68.10 per share, on August 19, 2016. Johnson continues to hold 286,806 shares of the company. Johnson operates out of New York,, NY. Some additional info was provided as follows:
The stock option exercises and sales in this Form 4 were effected pursuant to a Rule 10b5-1trading plan adopted by the reporting person on March 24, 2016.
Includes 393 shares acquired on June 1, 2016 through the Employees Stock Purchase Plan.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ran
ging from $68.00 to $68.37, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Option granted on March 28, 2007 and became exercisable in three equal annual installments, beginning March 28, 2008, which was the first anniversary of the date of grant.
Option granted on July 30, 2007 and became exercisable in three equal annual installments, beginning July 30, 2008, which was the first anniversary of the date of grant.
Option granted on March 26, 2008 and became exercisable in three equal annual installments, beginning March 26, 2009, which is the first anniversary of the date of grant.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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