SEC Form 4 · accession 0000899243-16-016555
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lewis Klessel
Director · 10% Owner
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 7:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001593936
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F1,F2 | Mar 22, 2016 | J | 398,818 | $0.00 | D | 66,579,159 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Common Stock held directly by Bain Capital Integral Investors 2006, LLC and BCIP TCV, LLC (collectively, the "Bain Capital Entities").
- F2The governance, investment strategy and decision-making process with respect to investments held by the Bain Capital Entities is directed by the Global Private Equity Board of Bain Capital Investors, LLC ("BCI"). Lewis S. Klessel is a Managing Director of BCI. By virtue of the relationships described in these footnotes, Mr. Klessel may be deemed to share voting and dispositive power with respect to all of the shares of Common Stock held by the Bain Capital Entities. Mr. Klessel disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F3On March 22, 2016, certain of the Bain Capital Entities distributed 398,818 shares of Common Stock to one or more members or partners of the Bain Capital Entities in connection with certain charitable gifts made by such members or partners or their direct or indirect owners on March 22, 2016.