SEC Form 4 · accession 0001104659-15-003971
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philo Pappas
Officer — EVP, Category Management
Period of report
Jan 20, 2015
Accepted (ET)
Jan 22, 2015 · 7:59 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 20, 2015 | M | 28,910 | $3.48 | A | 221,074 | D | |
| Common Stock | Jan 20, 2015 | S | 28,910 | $22.40 | D | 192,164 | D | |
| Common Stock | Jan 21, 2015 | M | 21,489 | $3.48 | A | 213,653 | D | |
| Common Stock | Jan 21, 2015 | S | 21,489 | $22.20 | D | 192,164 | 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)F2 | $3.48 | Jan 20, 2015 | M | 28,910 | D | — | Jul 1, 2017 | Common Stock | 28,910 | 0 | D |
| Employee Stock Option (right to buy)F2 | $3.48 | Jan 21, 2015 | M | 21,489 | D | — | Jul 1, 2017 | Common Stock | 21,489 | 0 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 9, 2014.
- F2This option to purchase common stock vested in equal installments annually over five years beginning on the first anniversary of the grant date of July 2, 2009.