Timothy John Fitzgerald - Feb 28, 2022 Form 4 Insider Report for MIDDLEBY Corp (MIDD)

Role
Chief Executive Officer, Director
Signature
Michael D. Thompson POA
Stock symbol
MIDD
Transactions as of
Feb 28, 2022
Transactions value $
-$2,680,946
Form type
4
Date filed
3/2/2022, 04:58 PM
Previous filing
Sep 9, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIDD Common Stock Award +25K +10.59% 261K Feb 28, 2022 Direct F1
transaction MIDD Common Stock Tax liability -$1.96M -11.1K -4.24% $177.62 250K Feb 28, 2022 Direct F2
transaction MIDD Common Stock Tax liability -$716K -4.11K -1.64% $174.28 246K Mar 1, 2022 Direct F5
holding MIDD Common Stock 56.3K Feb 28, 2022 Andrea C. FitzGerald 2021 Gift Trust F3
holding MIDD Common Stock 12.5K Feb 28, 2022 Timothy J. FitzGerald 2021 Gift Trust F4
holding MIDD Common Stock 25.2K Feb 28, 2022 By Spouse and Children
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired upon vesting of performance-based restricted stock that was awarded on August 9, 2019.
F2 Transaction related to the surrender of shares to fund reporting person's tax liability related to vesting of performance-based restricted stock.
F3 The reporting person is the trustee and a beneficiary of the Andrea C. FitzGerald 2012 Gift Trust. Beneficial ownership is disclaimed except to the extent of the reporting person's pecuniary interest therein. This filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing.
F4 The reporting person is the spouse of the trustee and a beneficiary of the Timothy J. FitzGerald 2012 Gift Trust. Beneficial ownership is disclaimed except to the extent of the reporting person's pecuniary interest therein. This filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing.
F5 Transaction related to the surrender of shares to fund reporting person's tax liability in connection with vesting of 9,305 RSUs on March 1, 2022.