SEC Form 4 · accession 0001179110-18-001190
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl Rubin
Officer — Chairman & CEO · Director
Period of report
Jan 25, 2018
Accepted (ET)
Jan 29, 2018 · 6:03 pm EST
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 | Jan 25, 2018 | M | 161,562 | $13.86 | A | 444,796 | D | |
| Common Stock | Jan 25, 2018 | S | 161,562 | $27.07 | D | 283,234 | D | |
| Common Stock | Jan 26, 2018 | M | 32,227 | $13.86 | A | 315,461 | D | |
| Common Stock | Jan 26, 2018 | S | 32,227 | $27.37 | D | 283,234 | D | |
| Common Stock | Jan 26, 2018 | S | 27,141 | $27.37 | D | 256,093 | 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 | $13.86 | Jan 25, 2018 | M | 161,562 | D | — | Mar 18, 2021 | Common Stock | 161,562 | 0 | D |
| Employee Stock Option (right to buy)F2 | $13.86 | Jan 26, 2018 | M | 32,227 | D | — | Mar 18, 2021 | Common Stock | 32,227 | 0 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 31, 2017.
- F2This option to purchase common stock vests in equal installments annually over five years beginning on the first anniversary of the grant date of March 18, 2013.