4//SEC Filing
Evanson Brynn 4
Accession 0001179110-21-003176
CIK 0001593936other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 6:41 PM ET
Size
11.5 KB
Accession
0001179110-21-003176
Insider Transaction Report
Form 4
Evanson Brynn
EVP - Chief HR Officer
Transactions
- Award
Market Stock Units
2021-03-05+13,774→ 13,774 total→ Common Stock (13,774 underlying) - Award
Restricted Stock Units
2021-03-05+10,101→ 10,101 total→ Common Stock (10,101 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]The restricted stock units vest in three equal annual installments beginning on March 5, 2022, the first anniversary of the grant date.
- [F3]The market stock units represent a contingent right to receive, upon vesting, a varying number of shares of common stock based on the achievement certain pre-determined thresholds related to changes in the registrant's common stock price on the Nasdaq Global Select Market over the three-year performance period. The market stock units vest on the third anniversary of the date of grant and, upon vesting, will convert into between 0% and 150% of the target number of shares of common stock listed in Column 7 of Table II. Upon a change of control, the performance period will conclude and the market stock units for which the performance condition has been satisfied will vest in three equal annual installments beginning on the first anniversary of the grant date.
Documents
Issuer
Michaels Companies, Inc.
CIK 0001593936
Entity typeother
Related Parties
1- filerCIK 0001575788
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 6:41 PM ET
- Size
- 11.5 KB