Koch John Robert 4
4 · Michaels Companies, Inc. · Filed Mar 31, 2021
Insider Transaction Report
Form 4
Koch John Robert
EVP - Stores & Development
Transactions
- Exercise/Conversion
Common Stock
2021-03-29+3,532→ 43,705 total - Tax Payment
Common Stock
2021-03-29$21.85/sh−861$18,813→ 42,844 total - Exercise/Conversion
Restricted Stock Units
2021-03-29−3,532→ 7,063 total→ Common Stock (3,532 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock without the payment of additional consideration.
- [F2]Withholding of restricted stock to satisfy reporting person's tax obligation upon the restriction lapse of a restricted stock award.
- [F3]On March 29, 2019, the reporting person was granted 14,127 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.