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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SIERON MARK A 1400 TOASTMASTER DR ELGIN, IL 60120 |
Vice President |
Mark A. Sieron | 03/15/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On March 8, 2007 10,000 shares of restricted stock were granted to the reporting person. The grant vests in five equal installments as follows:After Jan 1, 2008, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $125/ share between Jan 1 2008 and Jan 1 2010.After Jan 1, 2009, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $140/ share between Jan 1 2009 and Jan 1 2011.After January 1, 2010, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $155/ share between Jan 1 2010 and Jan 1 2012.After Jan 1, 2011, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $175/ share between Jan 1 2011 and Jan 1 2013.After Jan 1, 2012, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $200/ share between Jan 1 2012 and Jan 1 2014. |
(2) | Transaction date was erroneously reported as March 9, 2007 on the reporting person's original Form 4. The transaction was effected on March 8, 2007. |