X0306 4 2020-06-15 0 0001593936 Michaels Companies, Inc. MIK 0001690955 Koch John Robert 8000 BENT BRANCH DR IRVING TX 75063 0 1 0 0 EVP - Stores & Development Common Stock 2020-06-15 4 A 0 12946 A 18719 D Common Stock 2020-06-15 4 F 0 3153 3.17 D 15566 D On September 10, 2018, the reporting person was granted 57,537 restricted stock units, vesting upon satisfaction of certain performance criteria. On June 15, 2020, The Michaels Companies, Inc. (the "Company") determined that the reporting person was eligible for partial vesting of the award as of May 8, 2020, the last day of the first quarter of fiscal year 2020. Shares were received for no consideration upon the satisfaction of certain performance criteria underlying an award of restricted stock units. Withholding of stock to satisfy reporting person's tax obligation upon the restriction lapse of a restricted stock unit award. Reflects the closing stock price of the common stock of the Company on May 8, 2020, the date the reporting person became eligible for the partial vesting of the restricted stock unit award. Jennifer Raibon, as attorney-in-fact 2020-06-17