SEC Form 4 · accession 0001179110-16-030283
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denis Paulonis
Officer — EVP - Chief Financial Officer
Period of report
Aug 29, 2016
Accepted (ET)
Oct 4, 2016 · 4:25 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 | Sep 30, 2016 | F | 403 | $24.17 | D | 17,911 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Aug 29, 2016 | A | 13,545 | A | — | — | Common Stock | 13,545 | 13,545 | D |
Explanation of responses
- F1Withholding of restricted stock to satisfy reporting person's tax obligation upon the restriction lapse of a restricted stock award.
- 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 August 29, 2017.