0001179110-19-004805.txt : 20190405
0001179110-19-004805.hdr.sgml : 20190405
20190405191426
ACCESSION NUMBER: 0001179110-19-004805
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20190331
FILED AS OF DATE: 20190405
DATE AS OF CHANGE: 20190405
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RUBIN CARL
CENTRAL INDEX KEY: 0001282628
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36501
FILM NUMBER: 19736178
MAIL ADDRESS:
STREET 1: 1000 REMINGTON BLVD
STREET 2: SUITE 120
CITY: BOLINGBROOK
STATE: IL
ZIP: 60440
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: 0202
BUSINESS ADDRESS:
STREET 1: 8000 BENT BRANCH DRIVE
CITY: IRVING
STATE: TX
ZIP: 75063
BUSINESS PHONE: 9724091300
MAIL ADDRESS:
STREET 1: 8000 BENT BRANCH DRIVE
CITY: IRVING
STATE: TX
ZIP: 75063
4
1
edgar.xml
FORM 4 -
X0306
4
2019-03-31
1
0001593936
Michaels Companies, Inc.
MIK
0001282628
RUBIN CARL
8000 BENT BRANCH DRIVE
IRVING
TX
75063
1
1
0
0
Former Chairman & CEO
Common Stock
2019-03-31
4
M
0
18609
A
281279
D
Common Stock
2019-04-01
4
M
0
9505
A
290784
D
Common Stock
2019-04-01
4
F
0
9831
11.51
D
280953
D
Restricted Stock Units
2019-03-31
4
M
0
18609
0
D
Common Stock
18609
37219
D
Restricted Stock Units
2019-04-01
4
M
0
9505
0
D
Common Stock
9505
25362
D
Each restricted stock unit represents a contingent right to receive one share of common stock without the payment of additional consideration.
Withholding of common stock to satisfy reporting person's tax obligation upon the restriction lapse of a restricted stock award and the vesting of restricted stock units.
On March 31, 2017, the reporting person was granted 74,438 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
On September 14, 2016, the reporting person was granted 69,735 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date. In connection with the reporting person's resignation, a portion of this award accelerated and vested on April 1, 2019 (the "Separation Date"). This portion was a prorated amount of the shares to vest on September 14, 2019, based on the number of days the reporting person was employed with The Michaels Companies, Inc. (the "Company") beginning on September 14, 2018 and ending on the Separation Date.
The reporting person resigned as the Chief Executive Officer of the Company effective February 28, 2019 and as the Chairman of the Board of Directors of the Company effective April 1, 2019. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in the equity securities of the Company and therefore will no longer report any such transactions occurring after April 1, 2019 on Form 4 or Form 5.
Michael J. Veitenheimer, as attorney-in-fact
2019-04-05
EX-24
2
ex24rubin.txt
Exhibit 24
POWER OF ATTORNEY
The undersigned hereby constitutes and appoints
Charles M. Sonsteby and Michael J. Veitenheimer, with full power
of substitution, as the undersigned's true and lawful
attorney-in-fact to:
(1) prepare, execute in the undersigned's name and on the
undersigned's behalf, and submit to the U.S. Securities and
Exchange Commission (the "SEC") a Form ID, including amendments
thereto, and any other documents necessary or appropriate to
obtain codes and passwords enabling the undersigned to make
electronic filings with the SEC of reports required by Section
16(a) of the Securities Exchange Act of 1934 or any rule or
regulation of the SEC;
(2) execute for and on behalf of the undersigned, in the
undersigned's capacity as officer and/or director of The Michaels
Companies, Inc. (the "Company"), Forms 3, 4, and 5 in accordance
with Section 16(a) of the Securities Exchange Act of 1934 and the
rules thereunder;
(3) do and perform any and all acts for and on behalf of the
undersigned that may be necessary or desirable to complete and
execute any such Form 3, 4, or 5, complete and execute any
amendment or amendments thereto, and timely file such form with
the SEC and any stock exchange or similar authority; and
(4) take any other action of any type whatsoever in connection
with the foregoing that, in the opinion of such attorney-in-fact,
may be of benefit to, in the best interest of, or legally
required by, the undersigned, it being understood that the
documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such
form and shall contain such terms and conditions as such
attorney-in-fact may approve in such attorney-in-fact's
discretion.
The undersigned hereby grants to such attorney-in-fact full power
and authority to do and perform any and every act and thing
whatsoever requisite, necessary, or proper to be done in the
exercise of any of the rights and powers herein granted, as fully
to all intents and purposes as the undersigned might or could do
if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or
substitutes, shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted.
The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving in such capacity at the request of
the undersigned, are not assuming, nor is the Company assuming,
any of the undersigned's responsibilities to comply with
Section 16 of the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Forms 3, 4,
and 5 with respect to the undersigned's holdings of and
transactions in securities issued by the Company, unless earlier
revoked by the undersigned in a signed writing delivered to the
foregoing attorney-in-fact.
[Remainder of page intentionally left blan
IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of this 11th day of June, 2014.
/s/ Carl S. Rubin
Signature
Carl S. Rubin
Print Name
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[Signature Page to Limited Power of Attorney]
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