Timothy John Fitzgerald - Feb 27, 2023 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 27, 2023
Transactions value $
-$3,941,191
Form type
4
Date filed
3/9/2023, 05:45 PM
Previous filing
May 17, 2022
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIDD Common Stock Award +43.3K +16.77% 302K Feb 27, 2023 Direct F1
transaction MIDD Common Stock Tax liability -$2.97M -19.2K -6.36% $154.50 282K Feb 27, 2023 Direct F2
transaction MIDD Common Stock Tax liability -$975K -6.29K -2.23% $154.95 276K Mar 1, 2023 Direct F3
holding MIDD Common Stock 56.3K Feb 27, 2023 Andrea C. FitzGerald 2021 Gift Trust F4
holding MIDD Common Stock 20K Feb 27, 2023 Timothy J. FitzGerald 2012 Gift Trust F5
holding MIDD Common Stock 25.2K Feb 27, 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.