SEC Form 4 · accession 0001159297-15-000026
MEADWESTVACO Corp · MWV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Linda V Schreiner
Officer — SENIOR VICE PRESIDENT
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 4:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001159297
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 23, 2015 | M | 2,286 | $543,125.00 | A | 104,576 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF2 | $54.3125 | Feb 23, 2015 | A | 16,310 | A | — | Feb 23, 2025 | Common Stock | 16,310 | 16,310 | D |
Explanation of responses
- F1Vesting of service-based restricted stock units representing dividend equivalent units for 2010 performance-based stock units that vested in 2012 under the MeadWestvaco 2005 Performance Incentive Plan, as amended. These service-based restricted stock units were previously reported as common stock and have now been removed from the table.
- F2Grant of employee stock options under the MeadWestvaco 2005 Performance Incentive Plan. The options vest pro-rata in 3 equal installments on the anniversary date of the grant.