SEC Form 4 · accession 0001179110-17-005709
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jim Sullivan
Officer — SVP - CAO & Controller
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 7:44 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 | $22.39 | Mar 31, 2017 | A | 44,886 | A | — | Mar 30, 2027 | Common Stock | 44,886 | 44,886 | D |
| Restricted Stock UnitsF2,F3 | — | Mar 31, 2017 | A | 7,481 | A | — | — | Common Stock | 7,481 | 7,481 | D |
Explanation of responses
- F1The option vests in four equal annual installments beginning on March 31, 2018.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock without the payment of additional consideration.
- F3The restricted stock units vest in four equal annual installments beginning March 31, 2018.