Timothy John Fitzgerald - 15 May 2022 Form 4 Insider Report for MIDDLEBY Corp (MIDD)

Role
Chief Executive Officer, Director
Signature
Michael D. Thompson POA
Issuer symbol
MIDD
Transactions as of
15 May 2022
Net transactions value
$0
Form type
4
Filing time
17 May 2022, 17:57:20 UTC
Previous filing
16 May 2022
Next filing
09 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIDD Common Stock Award +14,671 +6% 258,334 15 May 2022 Direct F1
holding MIDD Common Stock 56,250 15 May 2022 Andrea C. FitzGerald 2012 Gift Trust F2
holding MIDD Common Stock 20,000 15 May 2022 Timothy J. FitzGerald 2012 Gift Trust F3
holding MIDD Common Stock 25,200 15 May 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 These shares represent time-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. These restricted stock units will vest 1/3 of amount on each of March 1, 2023, March 1, 2024 and March 1, 2025. Vested shares will be issued to the reporting person after the applicable vesting date.
F2 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.
F3 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.