X0306 4 2021-04-15 1 0001593936 Michaels Companies, Inc. MIK 0001214180 COSBY MARK 3939 W JOHN CARPENTER FREEWAY IRVING TX 75063 1 0 0 0 Common Stock 2021-04-15 4 U 0 133933 22.00 D 17992 D Common Stock 2021-04-15 4 D 0 17992 22.00 D 0 D Stock Options 9.87 2021-04-15 4 D 0 860000 D Common Stock 860000 0 D Restricted Stock Units 2021-04-15 4 D 0 37500 D Common Stock 37500 0 D Restricted Stock Units 2021-04-15 4 D 0 15219 D Common Stock 15219 0 D Restricted Stock Units 2021-04-15 4 D 0 37500 D Common Stock 37500 0 D Restricted Stock Units 2021-04-15 4 D 0 5280 D Common Stock 5280 0 D 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"). Represents shares of the Issuer's common stock granted subject to vesting or other lapse restrictions that were outstanding immediately prior to the Effective Time and that, pursuant to the Merger Agreement, vested in full and became free of such restrictions as of the Effective Time and were converted into the right to receive the Merger Consideration. Pursuant to the Merger Agreement, at or immediately prior to the Effective Time, each option to purchase shares of the Issuer's common stock (each, a "Stock Option") that had an exercise price per share underlying such option that is less than the Merger Consideration (each, an "In-the-Money Stock Option"), whether or not exercisable or vested, was automatically cancelled, by virtue of the Merger, without any action on the part of the Reporting Person, and the Reporting Person was entitled to receive an amount in cash equal to (a) the amount by which the Merger Consideration exceeds the applicable exercise price per share underlying such In-the-Money Stock Option multiplied by (b) the number of shares subject to such In-the-Money Stock Option. 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. Capitalized terms used herein without definition have the meanings ascribed to them in the Agreement and Plan of Merger, dated as of March 2, 2021, among the Issuer, Magic AcquireCo, Inc. and Magic MergeCo, Inc. (the "Merger Agreement"). Tim Cheatham, as attorney-in-fact 2021-04-19