Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed, On November 15, 2020, HD Supply Holdings, Inc., a
Delaware corporation (the "Company"), entered into an Agreement and Plan of
Merger (the "Merger Agreement") with The Home Depot, Inc., a Delaware
corporation ("Parent"), and Coronado Acquisition Sub Inc., a Delaware
corporation and a wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to
the terms of the Merger Agreement, Parent has caused Merger Sub to commence a
tender offer (as it may be extended, amended or supplemented from time to time,
the "Offer") to purchase any and all of the outstanding shares of common stock,
par value $0.01 per share, of the Company (the "Shares"), at a price of $56.00
per Share, net to the holder thereof, in cash, without interest thereon.
Parent informed the Company that it expects that Shane O'Kelly, Senior Vice
President of Parent, will lead the business of the Company following the Offer.
Joseph J. DeAngelo, the Chairman and Chief Executive Officer of Company, will
leave the Company, and be eligible to receive the compensation under the
arrangements between him and Company as disclosed in Items 3 and 8 of the
Company's Schedule 14D-9 filed with the SEC on November 24, 2020, as amended or
supplemented.
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HD SUPPLY HOLDINGS, INC. 
