Timothy John Fitzgerald - 27 Feb 2023 Form 4 Insider Report for MIDDLEBY Corp (MIDD)

Role
Chief Executive Officer, Director
Signature
Michael D. Thompson POA
Issuer symbol
MIDD
Transactions as of
27 Feb 2023
Net transactions value
-$3,941,191
Form type
4
Filing time
09 Mar 2023, 17:45:46 UTC
Previous filing
17 May 2022
Next filing
11 Aug 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 +43,332 +17% 301,666 27 Feb 2023 Direct F1
transaction MIDD Common Stock Tax liability $2,966,246 -19,199 -6.4% $154.50 282,467 27 Feb 2023 Direct F2
transaction MIDD Common Stock Tax liability $974,945 -6,292 -2.2% $154.95 276,175 01 Mar 2023 Direct F3
holding MIDD Common Stock 56,250 27 Feb 2023 Andrea C. FitzGerald 2021 Gift Trust F4
holding MIDD Common Stock 20,000 27 Feb 2023 Timothy J. FitzGerald 2012 Gift Trust F5
holding MIDD Common Stock 25,200 27 Feb 2023 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 PSUs that were awarded on December 31, 2020.
F2 Transaction related to the surrender of shares to fund reporting person's tax liability related to vesting of performance-based PSUs.
F3 Transaction related to the surrender of shares to fund reporting person's tax liability in connection with vesting of time-based RSUs.
F4 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.
F5 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.