Home/Filings/4/0001209191-03-021744
4//SEC Filing

MICHAELS STORES INC 4

Accession 0001209191-03-021744

CIK 0000740670operating

Filed

Sep 15, 8:00 PM ET

Accepted

Sep 16, 1:31 PM ET

Size

7.3 KB

Accession

0001209191-03-021744

Insider Transaction Report

Form 4
Period: 2003-09-12
ELLIOTT SUE
SVP - Human Resources
Transactions
  • Exercise/Conversion

    Common Stock

    2003-09-12$12.16/sh+3,000$36,4693,000 total
  • Sale

    Common Stock

    2003-09-12$43.25/sh3,000$129,7500 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2003-09-123,00015,334 total
    Exercise: $12.16Exp: 2005-10-30Common Stock (3,000 underlying)
Footnotes (1)
  • [F1]Exercise of stock options pursuant to original grant to the reporting person on October 31, 2000 of options under the Michaels Stores, Inc. Amended and Restated 1997 Stock Option Plan to purchase 35,000 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 October 31, 2001. After giving effect to the transaction that is the subject of this report, 15,334 options remain outstanding under this grant, 3,667 of which are currently vested, and 11,667 of which will vest on October 31, 2003.

Issuer

MICHAELS STORES INC

CIK 0000740670

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000740670

Filing Metadata

Form type
4
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 1:31 PM ET
Size
7.3 KB