Carlotti Stephen Jon 4
4 · Michaels Companies, Inc. · Filed Sep 17, 2019
Insider Transaction Report
Form 4
Carlotti Stephen Jon
EVP - Marketing
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-09-14−1,917→ 1,918 total→ Common Stock (1,917 underlying) - Exercise/Conversion
Common Stock
2019-09-14+1,917→ 47,973 total - Tax Payment
Common Stock
2019-09-16$9.45/sh−466$4,404→ 47,507 total
Footnotes (3)
- [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]On September 14, 2016, the reporting person was granted 7,671 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.