Carlotti Stephen Jon 4
4 · Michaels Companies, Inc. · Filed Apr 2, 2019
Insider Transaction Report
Form 4
Carlotti Stephen Jon
EVP - Marketing
Transactions
- Exercise/Conversion
Common Stock
2019-03-29+2,326→ 45,073 total - Tax Payment
Common Stock
2019-03-29$11.42/sh−566$6,464→ 44,507 total - Award
Employee Stock Options (right to buy)
2019-03-29+96,324→ 96,324 totalExercise: $11.42Exp: 2029-03-28→ Common Stock (96,324 underlying) - Exercise/Conversion
Restricted Stock Units
2019-03-29−2,326→ 6,976 total→ Common Stock (2,326 underlying) - Award
Restricted Stock Units
2019-03-29+16,054→ 16,054 total→ Common Stock (16,054 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock without the payment of additional consideration.
- [F2]Withholding of common stock to satisfy reporting person's tax obligation upon the vesting of restricted stock units.
- [F3]The option vests in four equal annual installments beginning on March 29, 2020, the first anniversary of the grant date.
- [F4]The restricted stock units vest in four equal annual installments beginning on March 29, 2020, the first anniversary of the grant date.
- [F5]On March 29, 2018, the reporting person was granted 9,302 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.