Timothy John Fitzgerald - Aug 9, 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
Aug 9, 2023
Transactions value $
$0
Form type
4
Date filed
8/11/2023, 05:09 PM
Previous filing
Mar 9, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIDD Common Stock Award +13.9K +5.04% 290K Aug 9, 2023 Direct F1
holding MIDD Common Stock 56.3K Aug 9, 2023 Andrea C. FitzGerald 2012 Gift Trust F2
holding MIDD Common Stock 20K Aug 9, 2023 Timothy J. FitzGerald 2012 Gift Trust F3
holding MIDD Common Stock 25.2K Aug 9, 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 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, 2024, March 1, 2025 and March 1, 2026. 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.