Home/Filings/4/0001209191-06-041052
4//SEC Filing

WYLY JR CHARLES J 4

Accession 0001209191-06-041052

CIK 0000740670other

Filed

Jul 11, 8:00 PM ET

Accepted

Jul 12, 7:58 PM ET

Size

22.1 KB

Accession

0001209191-06-041052

Insider Transaction Report

Form 4
Period: 2006-07-10
WYLY JR CHARLES J
DirectorChairman of the Board
Transactions
  • Sale

    Common Stock

    2006-07-10$42.46/sh460,700$19,561,32210,200 total
  • Exercise/Conversion

    Common Stock

    2006-07-10$10.49/sh+400,000$4,196,000400,900 total
  • Exercise/Conversion

    Common Stock

    2006-07-10$10.50/sh+70,000$735,000470,900 total
  • Sale

    Common Stock

    2006-07-10$42.48/sh200$8,496900 total
  • Sale

    Common Stock

    2006-07-10$42.47/sh9,100$386,4771,100 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2006-07-1070,000910,000 total
    Exercise: $10.50Exp: 2006-10-05Common Stock (70,000 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2006-07-10400,000980,000 total
    Exercise: $10.49Exp: 2006-07-30Common Stock (400,000 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    355,312
  • Common Stock

    (indirect: By Trust)
    352,080
  • Common Stock

    (indirect: By Trust)
    282,876
  • Common Stock

    (indirect: By Foreign Entity)
    2,867,204
  • Common Stock

    (indirect: By Partnership)
    360,208
  • Common Stock

    (indirect: By Partnership)
    570,039
Footnotes (9)
  • [F1]Notwithstanding the inclusion of the securities reported in this Form 4, the Reporting Person disclaims beneficial ownership of the securities held in the various trusts (and the subsidiaries thereof) except to the extent of his pecuniary interest in them.
  • [F2]Represents shares held by Stargate, Ltd. The Reporting Person is a co-trustee of the trust that is the general partner of Stargate, Ltd.
  • [F3]Represents shares held by Shadywood USA, Ltd., a limited partnership of which the Reporting Person is a general partner.
  • [F4]Represents shares held by the Martha Caroline Wyly Trust, of which the Reporting Person is the trustee.
  • [F5]Represents shares held by the Charles J. Wyly III Trust, of which the Reporting Person is the trustee.
  • [F6]Represents shares held by the Jennifer Lynn Wyly Trust, of which the Reporting Person is the trustee.
  • [F7]Represents shares held by subsidiaries formed under the laws of the Isle of Man. Each subsidiary is owned by a foreign trust that either (i) was formed by the Reporting Person, and/or (ii) benefits, inter alia, the Reporting Person, his spouse, and his issue.
  • [F8]Represents options granted under Michaels Stores, Inc. 1997 Stock Option Plan (exempt); 33,333 of which vested on each of July 31, 2002 and 2003, and 33,334 of which vested on July 31, 2004.
  • [F9]Represents options granted under Michaels Stores, Inc. 2001 General Stock Option Plan, all of which vested immediately upon grant.

Issuer

MICHAELS STORES INC

CIK 0000740670

Entity typeother

Related Parties

1
  • filerCIK 0001185854

Filing Metadata

Form type
4
Filed
Jul 11, 8:00 PM ET
Accepted
Jul 12, 7:58 PM ET
Size
22.1 KB