FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MIDDLEBY CORP [ midd ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/23/2003 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 10/23/2003 | M | 100,000(1) | A | $7.094 | 2,003,571 | D | |||
Common Stock | 10/24/2003 | M | 20,000(2) | A | $5.9 | 2,023,571 | D | |||
Common Stock | 10/23/2003 | F | 44,797(3) | D | $18.47 | 1,978,774 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option | $7.094 | 10/23/2003 | M | 100,000(1) | 06/23/2003 | 02/19/2008 | Common Stock | 100,000 | (1) | 150,000 | D | ||||
Stock Option | $5.9 | 10/23/2003 | M | 20,000(2) | 02/26/2003 | 02/26/2012 | Common Stock | 20,000 | (2) | 130,000 | D | ||||
Stock Option | $18.47 | 10/23/2003 | A | 45,000(4) | 10/23/2003 | 10/23/2013 | Common Stock | 45,000 | $18.47 | 175,000 | D |
Explanation of Responses: |
1. This exercise is related to an option grant dated February 19, 1998 for 100,000 shares at a exercise price of $7.094. The option is fully exercised. |
2. This exercise is related to an option grant dated February 26, 2002 for 20,000 shares at a exercise price of $5.90. The option grant is 20% exercised. |
3. Represents the redemption of 44,797 shares to the Company as payment for the two option exercise transactions of 100,000 and 20,000 shares respectively |
4. Represents an option grant for 45,000 shares under the Company's 1998 Stock Incentive Plan, as amended,at a exercise price of $18.47 which vest immediately and expire in 10 years. |
William F. Whitman, Jr. | 10/27/2003 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |