-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QvcCRAY7sBm0wzOS57yxIDojZtDssmo3tCRyHJUeVkjvW6WpCHBFr7TQk7E8oaqh c7lTzDM+KN4v4ArXXWmfgA== 0001209191-05-033352.txt : 20050624 0001209191-05-033352.hdr.sgml : 20050624 20050624115346 ACCESSION NUMBER: 0001209191-05-033352 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050622 FILED AS OF DATE: 20050624 DATE AS OF CHANGE: 20050624 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SANDFORT GREGORY A CENTRAL INDEX KEY: 0001278862 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09338 FILM NUMBER: 05914233 MAIL ADDRESS: STREET 1: 80000 BENT BRANCH DR CITY: IRVING STATE: TX ZIP: 75063 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MICHAELS STORES INC CENTRAL INDEX KEY: 0000740670 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOBBY, TOY & GAME SHOPS [5945] IRS NUMBER: 751943604 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 BUSINESS ADDRESS: STREET 1: 8000 BENT BRANCH DR STREET 2: ******** CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: (972)409-1300 MAIL ADDRESS: STREET 1: PO BOX 619566 CITY: DFW STATE: TX ZIP: 75261-9566 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2005-06-22 0 0000740670 MICHAELS STORES INC MIK 0001278862 SANDFORT GREGORY A 8000 BENT BRANCH DRIVE IRVING TX 75063 0 1 0 0 EVP - General Merchandise Mgr. Common Stock 2005-06-22 4 M 0 16666 23.50 A 17654 D Common Stock 2005-06-22 4 S 0 300 41.85 D 17354 D Common Stock 2005-06-22 4 S 0 3766 41.84 D 13588 D Common Stock 2005-06-22 4 S 0 200 41.81 D 13388 D Common Stock 2005-06-22 4 S 0 7700 41.80 D 5688 D Common Stock 2005-06-22 4 S 0 300 41.79 D 5388 D Common Stock 2005-06-22 4 S 0 500 41.78 D 4888 D Common Stock 2005-06-22 4 S 0 200 41.77 D 4688 D Common Stock 2005-06-22 4 S 0 100 41.73 D 4588 D Common Stock 2005-06-22 4 S 0 300 41.72 D 4288 D Common Stock 2005-06-22 4 S 0 400 41.71 D 3888 D Common Stock 2005-06-22 4 S 0 600 41.70 D 3288 D Common Stock 2005-06-22 4 S 0 600 41.55 D 2688 D Common Stock 2005-06-22 4 S 0 1700 41.54 D 988 D Stock Option (Right to Buy) 23.50 2005-06-22 4 M 0 16666 0.00 D 2009-02-05 Common Stock 16666 33334 D The amount reported consists entirely of shares of Michaels Stores, Inc. common stock acquired by the reporting person under the Michaels Stores, Inc. Amended and Restated 1997 Employees Stock Purchase Plan (also known as the ESPP), based on a plan statement issued by the ESPP's plan administrator as of May 31, 2005. Exercise of stock options pursuant to original grant to the reporting person on February 6, 2004 of options under the Michaels Stores, Inc. Amended and Restated 1997 Stock Option Plan to purchase 50,000 shares of Michaels Stores, Inc. common stock (adjusted to give effect to a two-for-one stock split to stockholders of record as of the close of business on September 27, 2004). The options associated with this grant vest in three annual installments beginning on February 6, 2005. After giving effect to the transaction that is the subject of this report, 33,334 options remain outstanding under this grant, 16,667 of which will vest on each of February 6, 2006 and February 6, 2007. /s/ Todd J. Thorson Todd J. Thorson, Attorney-in-Fact for Gregory A. Sandfort, Executive Vice President - General Merchadise Manager 2005-06-24 EX-24.4_90777 2 poa.txt POA DOCUMENT POWER OF ATTORNEY The undersigned hereby constitutes and appoints each of Mark V. Beasley, Bradley K. Blackwell, Robert L. Estep, Mark V. Minton, Anna Marie Dempsey, Elizabeth K. Giddens and Todd J. Thorson, or any of them, signing singly, the undersigned's true and lawful attorney-in-fact to: (1) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Michaels Stores, 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; (2) 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 and timely file any such form or forms with the United States Securities and Exchange Commission and any stock exchange or similar authority; and (3) 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 sole discretion. The undersigned hereby grants to each such attorney-in-fact and any of them 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 any such attorney-in-fact, or any 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 none of the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. The execution by the undersigned of this power of attorney hereby expressly revokes and terminates any powers of attorney previously granted by the undersigned relating to Forms 3, 4 and 5. 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 attorneys-in-fact. IN WITNESS WHEREOF, the undersigned has caused this power of attorney to be executed as of the 22nd day of February, 2005. /s/ Gregory A. Sandfort Gregory A. Sandfort -----END PRIVACY-ENHANCED MESSAGE-----