SEC Form 4 · accession 0001104659-15-000789
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shawn E. Hearn
Officer — SVP - Human Resources
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 5:20 pm EST
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 Stock | Jan 2, 2015 | M | 26,568 | $11.37 | A | 60,727 | D | |
| Common Stock | Jan 2, 2015 | F | 16,360 | $24.73 | D | 44,367 | D | |
| Common Stock | Jan 2, 2015 | M | 26,568 | $7.35 | A | 70,935 | D | |
| Common Stock | Jan 2, 2015 | F | 12,852 | $24.73 | D | 58,083 | D | |
| Common Stock | Jan 2, 2015 | M | 26,258 | $11.37 | A | 84,341 | D | |
| Common Stock | Jan 2, 2015 | F | 16,909 | $24.73 | D | 67,432 | D | |
| Common Stock | Jan 2, 2015 | M | 26,258 | $7.35 | A | 93,690 | D | |
| Common Stock | Jan 2, 2015 | F | 15,729 | $24.73 | D | 77,961 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $11.37 | Jan 2, 2015 | M | 26,568 | D | — | Feb 15, 2015 | Common Stock | 26,568 | 0 | D |
| Employee Stock Option (right to buy)F1 | $7.35 | Jan 2, 2015 | M | 26,568 | D | — | Feb 15, 2015 | Common Stock | 26,568 | 0 | D |
| Employee Stock Option (right to buy)F2 | $11.37 | Jan 2, 2015 | M | 26,258 | D | — | Feb 25, 2015 | Common Stock | 26,258 | 0 | D |
| Employee Stock Option (right to buy)F2 | $7.35 | Jan 2, 2015 | M | 26,258 | D | — | Feb 25, 2015 | Common Stock | 26,258 | 0 | D |
Explanation of responses
- F1On July 2, 2009, the reporting person received, in exchange for an earlier grant, an immediately exercisable option to purchase 26,568 shares of the registrant's common stock.
- F2On July 2, 2009, the reporting person received, in exchange for an earlier grant, an immediately exercisable option to purchase 26,258 shares of the registrant's common stock.