SEC Form 4 · accession 0001179110-16-029737
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles M Sonsteby
Officer — Vice Chairman
Period of report
Sep 14, 2016
Accepted (ET)
Sep 16, 2016 · 4:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001593936
Table I — non-derivative securities
No Table I lines on this filing.
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 | $23.90 | Sep 14, 2016 | A | 62,760 | A | — | Sep 13, 2026 | Common Stock | 62,760 | 62,760 | D |
| Restricted Stock UnitsF2,F3 | — | Sep 14, 2016 | A | 12,552 | A | — | — | Common Stock | 12,552 | 12,553 | D |
Explanation of responses
- F1The option vests in four equal installments beginning on September 14, 2017.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock without the payment of additional consideration.
- F3Restricted stock units vest in four equal annual installment beginning September 14, 2017.