4//SEC Filing
RUBIN CARL 4
Accession 0001179110-19-004805
CIK 0001593936other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 7:14 PM ET
Size
16.3 KB
Accession
0001179110-19-004805
Insider Transaction Report
Form 4
RUBIN CARL
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2019-03-31+18,609→ 281,279 total - Tax Payment
Common Stock
2019-04-01$11.51/sh−9,831$113,155→ 280,953 total - Exercise/Conversion
Restricted Stock Units
2019-04-01−9,505→ 25,362 total→ Common Stock (9,505 underlying) - Exercise/Conversion
Common Stock
2019-04-01+9,505→ 290,784 total - Exercise/Conversion
Restricted Stock Units
2019-03-31−18,609→ 37,219 total→ Common Stock (18,609 underlying)
Footnotes (4)
- [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 restriction lapse of a restricted stock award and the vesting of restricted stock units.
- [F3]On March 31, 2017, the reporting person was granted 74,438 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F4]On September 14, 2016, the reporting person was granted 69,735 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date. In connection with the reporting person's resignation, a portion of this award accelerated and vested on April 1, 2019 (the "Separation Date"). This portion was a prorated amount of the shares to vest on September 14, 2019, based on the number of days the reporting person was employed with The Michaels Companies, Inc. (the "Company") beginning on September 14, 2018 and ending on the Separation Date.
Documents
Issuer
Michaels Companies, Inc.
CIK 0001593936
Entity typeother
Related Parties
1- filerCIK 0001282628
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 7:14 PM ET
- Size
- 16.3 KB