X0306 4 2016-03-22 0 0001593936 Michaels Companies, Inc. MIK 0001213402 LEVIN MATTHEW S C/O BAIN CAPITAL INVESTORS, LLC 200 CLARENDON STREET BOSTON MA 02116 1 0 1 0 Common Stock 2016-03-22 4 J 0 398818 0.00 D 66579159 I See Footnotes Represents shares of Common Stock held directly by Bain Capital Integral Investors 2006, LLC and BCIP TCV, LLC (collectively, the "Bain Capital Entities"). The governance, investment strategy and decision making process with respect to investments held by the Bain Capital Entities is directed by the Global Private Equity Board of Bain Capital Investors, LLC ("BCI"). Matthew Levin is a Senior Advisor of BCI. By virtue of the relationships described in these footnotes, Mr. Levin may be deemed to share voting and dispositive power with respect to all of the shares of Common Stock held by the Bain Capital Entities. Mr. Levin disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. On March 22, 2016, certain of the Bain Capital Entities distributed 398,818 shares of Common Stock to one or more members or partners of the Bain Capital Entities in connection with certain charitable gifts made by such members or partners or their direct or indirect owners on March 22, 2016. /s/ Matthew S. Levin 2016-03-24