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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported) September 30, 1996
MICHAELS STORES, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-11822 75-1943604
(State of (Commission (IRS Employer
incorporation) File Number) Identification No.)
8000 Bent Branch Drive
Irving, Texas 75063-6041
P.O. Box 619566
DFW, Texas 75261-9566
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (972) 409-1300
5931 Campus Circle Drive, Irving, Texas 75063
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(Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
Effective October 1, 1996, Michaels Stores, Inc. (the "Company") adopted
the amended and restated Michaels Stores, Inc. Employees 401(K) Plan (the
"Amended 401(K) Plan"). A copy of the Amended 401(K) Plan is attached hereto
as Exhibit 99.2. The Company is also filing herewith (i) as Exhibit 99.1, a
copy of the Michaels Stores, Inc. Employees 401(K) Plan effective as of
February 1, 1994 (the "Prior 401(K) Plan"), which is in the form approved by
the Internal Revenue Service by determination letter dated September 17, 1996
and (ii) as Exhibit 99.3, a copy of the Company's Trust Agreement by and
between the Company and Wachovia Bank of North Carolina, N.A. (the "Trust
Agreement"). Each of the Amended 401(K) Plan, the Prior 401(K) Plan and the
Trust Agreement are hereby incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a)-(b) Not applicable.
(c) Exhibits Required by Item 601 of Regulation S-K.
EXHIBIT NO. DESCRIPTION
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99.1 Michaels Stores, Inc. Employees 401(k) Plan (As
Amended and Restated Effective February 1, 1994).
99.2 Michaels Stores, Inc. Employees 401(k) Plan (As
Amended and Restated Effective October 1, 1996).
99.3 Michaels Stores, Inc. Employees 401(k) Trust.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
MICHAELS STORES, INC.
By: /s/ R. DON MORRIS
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Name: R. Don Morris
Title: Executive Vice President and
Chief Financial Officer
Date: September 30, 1996
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INDEX TO EXHIBITS
EXHIBIT
NUMBER DESCRIPTION OF EXHIBIT
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99.1 Michaels Stores, Inc. Employees 401(k) Plan (As
Amended and Restated Effective February 1, 1994).
99.2 Michaels Stores, Inc. Employees 401(k) Plan (As
Amended and Restated Effective October 1, 1996).
99.3 Michaels Stores, Inc. Employees 401(k) Trust.
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