Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Robinson Jennifer N.
 2. Date of Event Requiring Statement (Month/Day/Year)
06/26/2014		 3. Issuer Name and Ticker or Trading Symbol
Michaels Companies, Inc. [MIK]
(Last)
(First)
(Middle)
C/O THE MICHAELS COMPANIES, INC., 8000 BENT BRANCH DRIVE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
See Remarks
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

IRVING, TX 75063		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 2,200
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Common Stock   (1) 01/04/2019 Common Stock 2,320 $ 6.23 D  
Option to Purchase Common Stock   (1) 01/04/2019 Common Stock 2,320 $ 6.55 D  
Option to Purchase Common Stock   (1) 01/04/2019 Common Stock 2,320 $ 11.14 D  
Option to Purchase Common Stock   (2) 06/20/2019 Common Stock 52,690 $ 6.69 D  
Option to Purchase Common Stock   (2) 06/20/2019 Common Stock 26,345 $ 11.14 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Robinson Jennifer N.
C/O THE MICHAELS COMPANIES, INC.
8000 BENT BRANCH DRIVE
IRVING, TX 75063		       See Remarks  

Signatures

Michael J. Veitenheimer, as attorney-in-fact 09/25/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This option to purchase common stock vested in equal installments annually over five years beginning on the first anniversary of December 16, 2010 with a grant date of January 5, 2011.
(2) This option to purchase common stock vests in equal installments annually over five years beginning on the first anniversary of the grant date of June 21, 2011.
 
Remarks:
Vice President - Chief Accounting Officer & Controller Exhibit List: Exhibit 24 - Power of Attorney

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