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MIDDLEBY Corp — Director's Dealing 2007
Mar 12, 2007
30844_dirs_2007-03-12_2765fbb9-d12d-4a3d-ae06-015ebff8257e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MIDDLEBY CORP (MIDD)
CIK: 0000769520
Period of Report: 2007-03-09
Reporting Person: FITZGERALD TIMOTHY JOHN (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-03-09 | Common Stock | A | 22500 | — | Acquired | 77335 | Direct |
Footnotes
F1: On March 9, 2007 22,500 shares of restricted stock were granted to the reporting person. The grant vests in five equal installments as follows:
- After January 1, 2008, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $125/ share.
- After January 1, 2009, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $140/ share.
- After January 1, 2010, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $155/ share.
- After January 1, 2011, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $175/ share.
- After January 1, 2012, 20% vests if the 30 day avg price of Middleby common stock is greater or equal to $200/ share.