0000899243-21-016291.txt : 20210419
0000899243-21-016291.hdr.sgml : 20210419
20210419193203
ACCESSION NUMBER: 0000899243-21-016291
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210415
FILED AS OF DATE: 20210419
DATE AS OF CHANGE: 20210419
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MAHONEY JOHN
CENTRAL INDEX KEY: 0001181715
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36501
FILM NUMBER: 21835903
MAIL ADDRESS:
STREET 1: 500 STAPLES DR
CITY: FRAMINGHAM
STATE: MA
ZIP: 01702
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Michaels Companies, Inc.
CENTRAL INDEX KEY: 0001593936
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOBBY, TOY & GAME SHOPS [5945]
IRS NUMBER: 371737959
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0130
BUSINESS ADDRESS:
STREET 1: 3939 WEST JOHN CARPENTER FREEWAY
CITY: IRVING
STATE: TX
ZIP: 75063
BUSINESS PHONE: 9724091300
MAIL ADDRESS:
STREET 1: 3939 WEST JOHN CARPENTER FREEWAY
CITY: IRVING
STATE: TX
ZIP: 75063
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-04-15
1
0001593936
Michaels Companies, Inc.
MIK
0001181715
MAHONEY JOHN
3939 W JOHN CARPENTER FREEWAY
IRVING
TX
75063
1
0
0
0
Common Stock
2021-03-29
5
G
0
E
15905
0.00
D
33668
D
Common Stock
2021-04-15
4
U
0
33668
22.00
D
0
D
Restricted Stock Units
2021-04-15
4
D
0
5280
D
Common Stock
5280
0
D
The transaction reported is a charitable gift by the Reporting Person of 15,905 shares of the Issuer's common stock to a donor advised fund.
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").
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