MICHAELS STORES INC 4
4 · MICHAELS STORES INC · Filed Jun 15, 2005
Insider Transaction Report
Form 4
MARCUS RICHARD C
Director
Transactions
- Sale
Common Stock
2005-06-13$41.82/sh−3,800$158,916→ 16,100 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-06-13−30,900→ 39,100 totalExercise: $10.50Exp: 2006-10-04→ Common Stock (30,900 underlying) - Sale
Common Stock
2005-06-13$41.96/sh−4,900$205,604→ 24,900 total - Sale
Common Stock
2005-06-13$41.78/sh−900$37,602→ 14,000 total - Sale
Common Stock
2005-06-13$41.84/sh−1,200$50,208→ 14,900 total - Sale
Common Stock
2005-06-13$41.98/sh−100$4,198→ 29,800 total - Sale
Common Stock
2005-06-13$41.87/sh−4,300$180,041→ 20,600 total - Exercise/Conversion
Common Stock
2005-06-13$10.50/sh+30,900$324,450→ 44,900 total - Sale
Common Stock
2005-06-13$41.99/sh−15,000$629,850→ 29,900 total - Sale
Common Stock
2005-06-13$41.90/sh−700$29,330→ 19,900 total
Footnotes (1)
- [F1]Exercise of stock options pursuant to original grant to the reporting person on October 5, 2001 of options under the Michaels Stores, Inc. Second Amended and Restated 2001 General Stock Option Plan to purchase 70,000 shares of Michaels Stores, Inc. common stock (adjusted to give effect to a two-for-one stock split to stockholders of record as of the close of business on each of November 12, 2001 and September 27, 2004). All the options associated with this grant vested on October 5, 2001. After giving effect to the transaction that is the subject of this report, 39,100 options remain outstanding under this grant.