SEC Form 4 · accession 0000065011-15-000024
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Zieser
Officer — Chief Development Officer
Period of report
Feb 18, 2015
Accepted (ET)
Feb 19, 2015 · 11:12 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 | Feb 18, 2015 | M | 20,000 | $53.90 | A | 20,000 | D | |
| Common Stock ($1 par value)F1 | Feb 18, 2015 | F | 19,755 | $55.00 | D | 245 | D | |
| Common Stock ($1 par value)F1 | Feb 18, 2015 | S | 245 | $55.00 | D | 0 | D | |
| Common Stock ($1 par value)F2 | holding | — | — | — | 43 | I | by Managed Account | |
| Common Stock (Restricted) ($1 par value)F3 | holding | — | — | — | 23,500 | 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 Option (right to buy)F4 | $53.90 | Feb 18, 2015 | M | 20,000 | D | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 20,000 | 59,000 | D |
| Restricted Stock UnitsF5 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 6,800 | 6,800 | D |
| Stock equivalent unitsF6 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 62,211 | 62,211 | D |
Explanation of responses
- F1Shares held by the reporting person in street name.
- F2Shares held in reporting person's Meredith Corp. Savings & Investment Plan account, upon which 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. Quarterly dividends are paid in cash.
- 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 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.
- F6Stock equivalents issued pursuant to Meredith Corporation's Deferred Compensation Plan or Stock Incentive Plan which will be converted to Common Stock ($1 par value) on a one-for-one basis in connection with the reporting person's retirement from or termination of Meredith Corporation employment. Quarterly dividends are accrued in the form of additional units in lieu of cash.