SEC Form 4 · accession 0001209191-15-006540
Michaels Companies, Inc. · MIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua Bekenstein
Director · 10% Owner
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 5:03 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 StockF1,F2 | Jan 22, 2015 | J | 436,617 | $0.00 | D | 81,019,013 | I | See Footnotes |
| Common Stock | Jan 22, 2015 | G | 170,022 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Bain Capital Investors, LLC ("BCI") is the administrative member of Bain Capital Integral Investors 2006, LLC ("Integral 2006") and BCIP TCV, LLC ("BCIP TCV" and together with Integral 2006, the "Bain Entities").
- F2The governance, investment strategy and decision-making process with respect to investments held by the Bain Entities is directed by BCI's Global Private Equity Board ("GPEB"). Joshua Bekenstein is a Managing Director of BCI and a member of GPEB. By virtue of the relationships described in these footnotes, Mr. Bekenstein may be deemed to share voting and dispositive power with respect to all of the shares of Common Stock held by the Bain Entities. Mr. Bekenstein disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F3On January 22, 2015, the Bain Entities distributed 436,617 shares of Common Stock to one or more members or partners of the Bain Entities including 120,022 shares to Mr. Bekenstein in connection with certain charitable gifts made by each member or partners on January 22, 2015.
- F4Mr. Bekenstein made a charitable gift of all 170,022 shares of Common Stock that he received in connection with the distribution.