PAPPAS PHILO 4
4 · Michaels Companies, Inc. · Filed Apr 1, 2020
Insider Transaction Report
Form 4
PAPPAS PHILO
EVP - Category Management
Transactions
- Exercise/Conversion
Common Stock
2020-03-31+2,047→ 93,522 total - Tax Payment
Common Stock
2020-03-31$1.62/sh−601$974→ 91,475 total - Exercise/Conversion
Restricted Stock Units
2020-03-31−2,047→ 2,047 total→ Common Stock (2,047 underlying) - Tax Payment
Common Stock
2020-03-30$1.64/sh−683$1,120→ 92,076 total
Footnotes (3)
- [F1]Withholding of restricted stock to satisfy reporting person's tax obligation upon the restriction lapse of a restricted stock award.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock without the payment of additional consideration.
- [F3]On March 31, 2017, the reporting person was granted 8,188 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.