SEC Form 4 · accession 0001179110-15-006639
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theodore J. Bachmeier
Officer — EVP - Store Operations
Period of report
Apr 23, 2015
Accepted (ET)
Apr 27, 2015 · 6:41 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 Stock | Apr 23, 2015 | M | 23,403 | $6.55 | A | 49,938 | D | |
| Common Stock | Apr 23, 2015 | S | 23,403 | $27.24 | D | 26,535 | D | |
| Common Stock | Apr 24, 2015 | M | 15,636 | $6.55 | A | 42,171 | D | |
| Common Stock | Apr 24, 2015 | S | 15,636 | $27.40 | D | 26,535 | D | |
| Common Stock | Apr 27, 2015 | M | 5,649 | $6.55 | A | 32,184 | D | |
| Common Stock | Apr 27, 2015 | S | 5,649 | $27.46 | D | 26,535 | 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 | $6.55 | Apr 23, 2015 | M | 23,403 | D | — | Jan 27, 2019 | Common Stock | 23,403 | 0 | D |
| Employee Stock Option (right to buy)F2 | $6.55 | Apr 24, 2015 | M | 15,636 | D | — | Jan 27, 2019 | Common Stock | 15,636 | 0 | D |
| Employee Stock Option (right to buy)F2 | $6.55 | Apr 27, 2015 | M | 5,649 | D | — | Jan 27, 2019 | Common Stock | 5,649 | 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 March 23, 2015.
- F2This option to purchase common stock vests in equal installments annually over five years beginning on the first anniversary of January 28, 2011.