Koch John Robert 4
4 · Michaels Companies, Inc. · Filed Apr 1, 2021
Insider Transaction Report
Form 4
Koch John Robert
EVP - Stores & Development
Transactions
- Exercise/Conversion
Common Stock
2021-03-31+16,975→ 59,819 total - Tax Payment
Common Stock
2021-03-31$21.94/sh−4,134$90,700→ 55,685 total - Exercise/Conversion
Restricted Stock Units
2021-03-31−16,975→ 50,926 total→ Common Stock (16,975 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 restricted stock to satisfy reporting person's tax obligation upon the restriction lapse of a restricted stock award.
- [F3]On March 31, 2020, the reporting person was granted 67,901 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.