Sullivan Jim 4
4 · Michaels Companies, Inc. · Filed Apr 1, 2021
Insider Transaction Report
Form 4
Sullivan Jim
VP - CAO & Controller
Transactions
- Tax Payment
Common Stock
2021-03-31$21.94/sh−3,428$75,210→ 57,291 total - Exercise/Conversion
Restricted Stock Units
2021-03-31−10,340→ 31,018 total→ Common Stock (10,340 underlying) - Exercise/Conversion
Common Stock
2021-03-31+10,340→ 60,719 total - Exercise/Conversion
Restricted Stock Units
2021-03-31−1,870→ 0 total→ Common Stock (1,870 underlying) - Exercise/Conversion
Common Stock
2021-03-31+1,870→ 50,379 total
Footnotes (4)
- [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, 2017, the reporting person was granted 7,481 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F4]On March 31, 2020, the reporting person was granted 41,358 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.