SULLIVAN JIM (SVP - CAO & Controller) 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: 6/17/2020ACC: 0001179110-20-007514
Officer· SVP - CAO & Controller
Since Aug 2018
-1.58K
Net shares
Net seller
$5.0K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
6.47K acquired · 8.05K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+6.47K
Price / share
—
Trade value
—
% of position
23.3%
6/15/2020
27.81K→34.29K
Common Stock
Direct
Shares
−1.58K
Price / share
$3.17
Trade value
$5K
% of position
4.6%
6/15/2020
34.29K→32.71K
Total
Net shares
+4.90K
Net value
-$5K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/15/2020 | M · Option Exercise | +6.47K | — | — | 23.3% | 27.81K | 34.29K |
| Common Stock Direct | 6/15/2020 | F · Tax Withholding | −1.58K | $3.17 | $5K | 4.6% | 34.29K | 32.71K |
| Total | +4.90K | -$5K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
6.47K shares
Shares
−6.47K
Strike price
Held after
22.30K
Exercisable
—
6/15/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock6.47K shares | 6/15/2020 | M · Option Exercise | −6.47K | — | 22.30K |