4//SEC Filing
MICHAELS STORES INC 4
Accession 0001209191-03-021167
CIK 0000740670operating
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 4:38 PM ET
Size
7.6 KB
Accession
0001209191-03-021167
Insider Transaction Report
Form 4
SULLIVAN DOUGLAS B
Executive VP - Development
Transactions
- Exercise/Conversion
Common Stock
2003-09-09$20.88/sh+35,000$730,625→ 36,428 total - Sale
Common Stock
2003-09-09$43.50/sh−35,000$1,522,500→ 1,428 total - Exercise/Conversion
Stock Option (Right to Buy)
2003-09-09−35,000→ 0 totalExercise: $20.88Exp: 2005-07-27→ Common Stock (35,000 underlying)
Footnotes (2)
- [F1]The reported amount includes 428 shares of Michaels Stores, Inc. common stock acquired by the reporting person under the Michaels Stores, Inc. Amended and Restated 1997 Employees Stock Purchase Plan (also known as the ESPP), based on a plan statement issued by the ESPP's administrator as of July 31, 2003.
- [F2]Exercise of stock options pursuant to original grant to the reporting person on July 28, 2000 of options under the Michaels Stores, Inc. Amended and Restated 1997 Stock Option Plan to purchase 50,000 shares of Michaels Stores, Inc. common stock (adjusted to give effect to a two-for-one stock split effected in the form of a stock dividend to stockholders of record as of the close of business on November 12, 2001). The options associated with this grant vest in three annual installments beginning on July 28, 2001. After giving effect to the transaction that is the subject of this report, no options remain outstanding under this grant.
Documents
Issuer
MICHAELS STORES INC
CIK 0000740670
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000740670
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 4:38 PM ET
- Size
- 7.6 KB