4//SEC Filing
QUELLA JAMES 4
Accession 0000899243-21-016254
CIK 0001593936other
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 6:56 PM ET
Size
7.9 KB
Accession
0000899243-21-016254
Insider Transaction Report
Form 4
QUELLA JAMES
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2021-04-15−5,280→ 0 total→ Common Stock (5,280 underlying) - Disposition from Tender
Common Stock
2021-04-15$22.00/sh−42,760$940,720→ 0 total
Footnotes (2)
- [F1]Pursuant to the terms of the Merger Agreement, these shares of the Issuer's common stock were tendered and disposed of at the Acceptance Time in exchange for the right to receive $22.00 per share of common stock, net to the seller, in cash, without interest and less any applicable withholding taxes (the "Merger Consideration").
- [F2]Pursuant to the Merger Agreement, at or immediately prior to the Effective Time, each award of restricted stock units with respect to shares of the Issuer's common stock subject to vesting based solely on continued employment or service to the Issuer or any of its subsidiaries (each, a "Restricted Stock Unit") that was then outstanding was cancelled and converted into the right to receive an amount in cash equal to (a) the number of shares subject to such Restricted Stock Unit immediately prior to the Effective Time multiplied by (b) the Merger Consideration.
Documents
Issuer
Michaels Companies, Inc.
CIK 0001593936
Entity typeother
Related Parties
1- filerCIK 0001314136
Filing Metadata
- Form type
- 4
- Filed
- Apr 18, 8:00 PM ET
- Accepted
- Apr 19, 6:56 PM ET
- Size
- 7.9 KB