KOCH JOHN ROBERT (EVP - Stores & Development) exercised options at MICHAELS COMPANIES, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/23/2020ACC: 0001179110-20-010661
Officer· EVP - Stores & Development
Since Jan 2019
-3.04K
Net shares
Net seller
$28.7K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
12.50K acquired · 15.54K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+12.50K
Price / share
—
Trade value
—
% of position
66.3%
10/21/2020
18.85K→31.35K
Common Stock
Direct
Shares
−3.04K
Price / share
$9.44
Trade value
$28.74K
% of position
9.7%
10/21/2020
31.35K→28.31K
Total
Net shares
+9.46K
Net value
-$28.74K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/21/2020 | M · Option Exercise | +12.50K | — | — | 66.3% | 18.85K | 31.35K |
| Common Stock Direct | 10/21/2020 | F · Tax Withholding | −3.04K | $9.44 | $28.74K | 9.7% | 31.35K | 28.31K |
| Total | +9.46K | -$28.74K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
12.50K shares
Shares
−12.50K
Strike price
Held after
37.50K
Exercisable
—
10/21/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock12.50K shares | 10/21/2020 | M · Option Exercise | −12.50K | — | 37.50K |