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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)<F*>
TOASTMASTER, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
888791100
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(CUSIP Number)
COPY TO:
Lester Miller Thomas A. Litz, Esq.
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20043 N. East 39th Place Thompson Coburn
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Aventura, Florida 33180 One Mercantile Center
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St. Louis, Missouri 63101-1693
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 15, 1997
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(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 which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the
following box / /.
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
<F*>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 ("Act") 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).
(Continued on following page(s))
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CUSIP No. 888791100 13D Page 2 of 3 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lester Miller
S.S. No.: ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 7 SOLE VOTING POWER
SHARES 300,200
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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8 SHARED VOTING POWER
- -
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9 SOLE DISPOSITIVE POWER
300,200
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10 SHARED DISPOSITIVE POWER
- -
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
300,200
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.0%
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14 TYPE OF REPORTING PERSON
IN
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CUSIP No. 888791100 13D Page 3 of 3 Pages
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of July 23, 1997, the Investor beneficially owned
300,200 shares of Stock, which Investor believes represents 4.0% of the
outstanding securities of the Issuer's class of Common Stock.
(b) The Investor has sole voting and dispositive power with
respect to the Stock.
(c) During the 60 days prior to and including July 23, 1997,
the Investor effected the following transaction:
<TABLE>
<CAPTION>
DATE TRANSACTION SHARES PRICE
---- ----------- ------ -----
<S> <C> <C> <C>
7/15/97 Disposition 300,200 $3.52
</TABLE>
Such transaction was privately negotiated.
(d) Not applicable.
(e) On July 15, 1997, the Investor ceased to be the beneficial
owner of more than 5.0% of the Issuer's class of Common Stock.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: July 23, 1997
Signature: /s/ Lester Miller
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Lester Miller
