Buchanan Ashley 4
4 · Michaels Companies, Inc. · Filed Jan 7, 2021
Insider Transaction Report
Form 4
Buchanan Ashley
DirectorPresident & CEO Designate
Transactions
- Exercise/Conversion
Common Stock
2021-01-06+397,500→ 397,500 total - Tax Payment
Common Stock
2021-01-06$14.65/sh−146,659$2,148,554→ 250,841 total - Exercise/Conversion
Restricted Stock Units
2021-01-06−397,500→ 397,500 total→ Common Stock (397,500 underlying)
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 January 6, 2020, the reporting person was granted 795,000 restricted stock units, vesting in two equal annual installments beginning on the first anniversary of the grant date.