SEC Form 4 · accession 0000065011-15-000013
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Karpowicz
Officer — President-Local Media Group
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 10:47 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000065011
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock ($1 par value)F1 | Jan 30, 2015 | F | 88 | $52.06 | D | 32,395 | D | |
| Common Stock ($1 par value)F2 | holding | — | — | — | 7,800 | I | By Managed Account | |
| Common Stock (Restricted) ($1 par value)F3 | holding | — | — | — | 24,160 | D | ||
| Common Stock ($1 par value) | holding | — | — | — | 5,876 | I | Shares held by spouse |
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 Option (right to buy)F4 | $0.00 | holding | — | — | — | Aug 12, 2011 | Aug 12, 2018 | Common Stock ($1 par value) | 337,000 | 337,000 | D |
| Restricted Stock UnitsF5 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 7,300 | 7,300 | D |
Explanation of responses
- F1Shares registered in the reporting person's name and in street name.
- F2Shares held in the reporting person's Meredith Corporation Employee Stock Purchase Plan account. Quarterly dividends are paid in the form of additional Common Stock, $1 par value.
- F3Shares were awarded pursuant to the Meredith Corporation Stock Incentive Plans. The shares are subject to forfeiture and are nontransferable until vested, either on the third or the fifth anniversary of the grant date, as specified in each award agreement.
- F4Nonqualified stock options granted pursuant to the Meredith Corporation Stock Incentive Plan. Each becomes exercisable in its entirety on the third anniversary of the grant date, expires on the 10th anniversary of the grant date, and has an exercise price as specified in the award agreement.
- F5Restricted Stock Units granted pursuant to Meredith Corporation's 2014 Stock Incentive Plan which will be converted to Common Stock ($1 par value) on a 1-for-1 basis upon the completion of a three-year period of service. Quarterly dividends are paid in cash.