-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CJ2cSMICrgdUnrhPQ/q5Pe4Ok/NsXsfImsQiSbOEIuakTblVTD9QFjH1O9X5aBGH NYNnL6bSVnoBQaRj6t83Gg== 0000902664-03-001279.txt : 20030912 0000902664-03-001279.hdr.sgml : 20030912 20030912162705 ACCESSION NUMBER: 0000902664-03-001279 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030912 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JANA PARTNERS LLC CENTRAL INDEX KEY: 0001159159 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: JANA PARTNERS LLC STREET 2: 536 PACIFIC AVENUE CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 2125935955 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MIDDLEBY CORP CENTRAL INDEX KEY: 0000769520 STANDARD INDUSTRIAL CLASSIFICATION: REFRIGERATION & SERVICE INDUSTRY MACHINERY [3580] IRS NUMBER: 363352497 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-36628 FILM NUMBER: 03894217 BUSINESS ADDRESS: STREET 1: 1400 TOASTMASTER DRIVE CITY: ELGIN STATE: IL ZIP: 60120 BUSINESS PHONE: 8477413300 MAIL ADDRESS: STREET 1: 1400 TOASTMASTER DRIVE CITY: ELGIN STATE: IL ZIP: 60120 SC 13D/A 1 srz-jana_middleby.txt MIDDLEBY SC 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 -------------- SCHEDULE 13D/A (RULE 13D-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(a) (Amendment No. 2) MIDDLEBY CORPORATION ----------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE ----------------------------------------------------------------------- (Title of Class of Securities) 596278101 ----------------------------------------------------------------------- (CUSIP Number) Marc Weingarten, Esq. SCHULTE, ROTH & ZABEL LLP 919 Third Avenue New York, New York 10022 (212) 756-2000 ----------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 2, 2003 ----------------------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box | |. NOTE. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. SEE Rule 13d-7 for other parties to whom copies are to be sent. - -------- 1 The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, SEE the NOTES). (page 1 of 5 pages) - ---------------------------------- ------------------ CUSIP No. 596278101 13D Page 2 of 5 Pages - ---------------------------------- ------------------ ======================================================================= 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JANA PARTNERS LLC - ----------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - ----------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ----------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_| - ----------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ----------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 303,013 OWNED BY EACH REPORTING PERSON WITH -------------------------------------------------------- 8 SHARED VOTING POWER -0- -------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 303,013 -------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ----------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 303,013 - ----------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ----------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.4 % - ----------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA =============================================================================== SEE INSTRUCTIONS BEFORE FILLING OUT!* - ---------------------------------- ------------------ CUSIP No. 596278101 13D Page 3 of 5 Pages - ---------------------------------- ------------------ The following constitutes Amendment # 2 to the Schedule 13D filed by the undersigned (the "Schedule 13D"). Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- The aggregate purchase price of the 303,013 Shares of Common Stock owned beneficially by JANA Partners LLC is $ 2,226,742. Such Shares of Common Stock were acquired with investment funds in accounts under management. Item 4. Purpose of Transaction. ---------------------- JANA Partners LLC commends Middleby's CEO Selim Bassoul and his management team on their very successful integration of the Blodgett acquisition and the resulting gains in the share price. We have determined to realize a portion of such gains at present, but remain supportive of the company. Depending upon overall market conditions, other investment opportunities available to the Reporting Person, and the price and availability of Shares of Common Stock, the Reporting Person may endeavor to increase or decrease their position in the Issuer through, among other things, the purchase or sale of Shares of Common Stock on the open market or in private transactions or otherwise, on such terms and at such times as the Reporting Persons may deem advisable. Neither the Reporting Person nor the Principals has any present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D. - ---------------------------------- ------------------ CUSIP No. 596278101 13D Page 4 of 5 Pages - ---------------------------------- ------------------ Item 5. Interest in Securities of the Issuer. ------------------------------------ (a) The aggregate percentage of Shares of Common Stock reported owned beneficially by the Reporting Person is based upon 9,033,722 Shares outstanding, which is the total number of Shares of Common Stock outstanding as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2003. As of the close of business on September 9, 2003, JANA Partners LLC beneficially owned 303,013 Shares of Common Stock, constituting approximately 3.4 % of the Shares outstanding. (b) The Reporting Person has sole voting and dispositive powers with respect to the Shares reported herein, which powers are exercised by the Principals. All of such Shares were acquired in open-market transactions. (c) Schedule A annexed hereto lists all transactions in the Issuer's Common Stock in the last sixty days by the Reporting Person. (d) No person other than the Reporting Person is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such Shares of the Common Stock. (e) JANA PARTNERS LLC has ceased to be the beneficial owner of more than five percent of the outstanding common stock of Middleby Corporation. Item 7. Material to be Filed as Exhibits. -------------------------------- None. - ---------------------------------- ------------------ CUSIP No. 596278101 13D Page 5 of 5 Pages - ---------------------------------- ------------------ SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: September 10, 2003 JANA PARTNERS LLC By: /s/ Barry S. Rosenstein ------------------- Barry S. Rosenstein Managing Partner By: /s/ Gary Claar ------------------- Gary Claar Managing Director SCHEDULE A Transactions in the Shares During the Past 60 Days -------------------------------------------------- Shares of Common Stock Price Per Date of Purchased (Sold) Share($) Purchase (Sale) ----------- --------- -------------- JANA PARTNERS LLC ----------------------- (550) 21.0000 08/20/03 (100) 21.0000 08/21/03 (8,200) 21.0696 08/22/03 (93,300) 20.8515 08/26/03 (12,700) 20.7886 08/27/03 (5,100) 20.8000 08/28/03 (3,700) 20.5500 08/29/03 (43,495) 20.7094 09/02/03 (6,900) 20.8610 09/03/03 (33,600) 20.8114 09/04/03 (8,500) 20.8371 09/05/03 (47,233) 20.8316 09/08/03 (34,409) 20.8693 09/09/03 -----END PRIVACY-ENHANCED MESSAGE-----