FOURTH PROSPECTUS SUPPLEMENT DATED JANUARY 12, 1999 (to prospectus dated November 11, 1999) Sunbeam Corporation $2,014,000,000 Zero Coupon Convertible Senior Subordinated Debentures Due 2018 and Shares of Common Stock Issuable Upon Conversion of the Debentures ADDITIONAL SELLING SECURITYHOLDERS The following represents an addendum to the table of selling securityholders appearing in the November 11, 1999 prospectus on pages 131-32. Principal Amount at Common Stock Common Maturity of Debentures Percent of Total Owned Prior to Stock to be Beneficially Owned and Outstanding Original Debentures Registered Selling Securityholders Offered Hereby Debentures Offering Hereby - ---------------------------------------- ------------------------ ----------------- --------------------- ------------- Deutsche Bank Securities $ 119,637,281 5.9 -- -- HBK Master Fund L.P. 224,168,000 12.1 -- -- KS International, Inc. 1,200,000 -- -- -- Mesirow Financial Inc. 600,000 -- -- -- Miller Tabak Roberts Securities, LLC 200,000 -- -- -- Soben Funds, Inc., Soben International Fund 10,000,000 -- -- -- Soundshore Opportunity Holding Fund Ltd. 5,458,000 -- -- -- S4-1