0001179110-20-007514.txt : 20200617 0001179110-20-007514.hdr.sgml : 20200617 20200617202541 ACCESSION NUMBER: 0001179110-20-007514 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200615 FILED AS OF DATE: 20200617 DATE AS OF CHANGE: 20200617 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sullivan Jim CENTRAL INDEX KEY: 0001467617 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36501 FILM NUMBER: 20971018 MAIL ADDRESS: STREET 1: 8000 BENT BRANCH DRIVE CITY: IRVING STATE: TX ZIP: 75063 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: 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 2020-06-15 0 0001593936 Michaels Companies, Inc. MIK 0001467617 Sullivan Jim 8000 BENT BRANCH DRIVE IRVING TX 75063 0 1 0 0 SVP - CAO & Controller Common Stock 2020-06-15 4 M 0 6474 A 34286 D Common Stock 2020-06-15 4 F 0 1577 3.17 D 32709 D Restricted Stock Units 2020-06-15 4 M 0 6474 0 D Common Stock 6474 22295 D Each restricted stock unit represents a contingent right to receive one share of common stock without the payment of additional consideration. 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 Michaels Companies, Inc. (the "Company") on May 8, 2020, the date the reporting person became eligible for the partial vesting of the restricted stock unit award. On September 10, 2018, the reporting person was granted 28,769 restricted stock units, vesting upon satisfaction of certain performance criteria. On June 15, 2020, 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. Jennifer Raibon, as attorney-in-fact 2020-06-17 EX-24 2 ex24sullivan.txt Exhibit 24 POWER OF ATTORNEY The undersigned hereby constitutes and appoints Jennifer Raibon, 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 blank] IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of March 9, 2020. /s/ James E. Sullivan Signature James E. Sullivan Print Name