SEC Form 4 · accession 0001179110-17-005316
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
Mar 28, 2017
Accepted (ET)
Mar 31, 2017 · 5:28 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 | Mar 28, 2017 | M | 80,566 | $6.55 | A | 137,310 | D | |
| Common Stock | Mar 28, 2017 | S | 80,566 | $22.12 | D | 56,744 | 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)F1 | $6.55 | Mar 28, 2017 | M | 80,566 | A | — | Jan 4, 2019 | Common Stock | 80,566 | 0 | D |
Explanation of responses
- F1This option to purchase common stock vested in equal installments annually over five years beginning on the first anniversary of October 4, 2010.