SEC Form 4 · accession 0001179110-15-008769
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles M Sonsteby
Officer — CAO and CFO
Period of report
May 28, 2015
Accepted (ET)
Jun 1, 2015 · 10:25 am 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 | May 28, 2015 | M | 4,800 | $6.23 | A | 115,594 | D | |
| Common Stock | May 28, 2015 | S | 4,800 | $27.50 | D | 110,794 | D | |
| Common Stock | May 29, 2015 | M | 500 | $6.23 | A | 111,294 | D | |
| Common Stock | May 29, 2015 | S | 500 | $27.56 | D | 110,794 | 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 | $6.23 | May 28, 2015 | M | 4,800 | D | — | Jan 4, 2019 | Common Stock | 4,800 | 0 | D |
| Employee Stock Option (right to buy)F2 | $6.23 | May 29, 2015 | M | 500 | D | — | Jan 4, 2019 | Common Stock | 500 | 0 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 22, 2015.
- F2This option to purchase common stock vested in equal installments over five years beginning on the first anniversary of October 4, 2010.