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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. )<F*>
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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 Paul F. Pautler
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20043 N. East 39th Place Thompson Coburn
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Avetura, Florida 33180 One Mercantile Center
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(314) 997-5900 St. Louis, Missouri 63101-1693
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(314) 552-7000
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 18, 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
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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 600,400
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY - -
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 600,400
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PERSON 10 SHARED DISPOSITIVE POWER
WITH - -
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
600,400
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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)
8.0%
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14 TYPE OF REPORTING PERSON
IN
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CUSIP No. 888791100 Page 3 of 4 Pages
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ITEM 1. SECURITY AND ISSUER
Common Stock
TOASTMASTER INC.
1801 N. Stadium Boulevard
Columbia, Missouri 65202
ITEM 2. IDENTITY AND BACKGROUND
(a) The person filing this statement is Lester Miller, an
individual ("Investor").
(b) The Investor's residential address is 20043 N. East 39th
Place, Aventura, Florida 33180.
(c) The principal occupation of Investor for the last five years
has been as Chairman of the Board of Contico International Inc., a private
company headquartered in St. Louis, Missouri which manufactures plastic
products.
(d) During the last five years, the Investor has not been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the last five years, Investor was not a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction.
(f) Investor is a citizen of the United States of America.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The Investor has utilized his personal funds for the purpose of
acquiring the shares of Common Stock of the Issuer ("Stock").
ITEM 4. PURPOSE OF TRANSACTION
The Investor has purchased the Stock for investment purposes.
The Investor does not have any plans or proposals to effect any changes with
respect to the Issuer or its securities, except Investor reserves the right
to acquire additional Stock or to sell Stock from time to time based on
market conditions.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of March 19, 1997, the Investor beneficially owned
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600,400 shares of Stock, which Investor believes represents 8.0% of
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the outstanding securities of the Issuer's class of Common Stock.
<PAGE> 4
CUSIP No. 888791100 Page 4 of 4 Pages
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(b) The Investor has sole voting and dispositive power with
respect to the Stock.
(c) During the 60 days prior to and including March 18, 1997,
the Investor has affected the following transactions:
<TABLE>
<CAPTION>
DATE TRANSACTION SHARES PRICE
---- ----------- ------ -----
<S> <C> <C> <C>
3/18/97 Purchase 182,100 $3.000
3/18/97 Purchase 4,100 $3.125
3/19/97 Purchase 43,400 $3.000
</TABLE>
Such transactions were effected on the New York Stock Exchange through
Charles Schwab & Co. Inc.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
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: March 19, 1997
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Signature: /s/ Lester Miller
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Lester Miller
