SEC Form 4 · accession 0000065011-15-000062
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip A Marineau
Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 12:23 pm EDT
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)F2 | Jul 1, 2015 | M | 3,615 | $26.55 | A | 11,770 | D | |
| Common Stock ($1 par value)F2 | Jul 1, 2015 | M | 2,700 | $32.32 | A | 14,470 | D | |
| Common Stock ($1 par value)F3 | Jul 1, 2015 | S | 6,315 | $52.6025 | D | 8,155 | D | |
| Common Stock (Restricted) ($1 par value)F1 | holding | — | — | — | 2,130 | 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)F5 | $26.55 | Jul 1, 2015 | M | 3,615 | D | Nov 9, 2012 | Nov 9, 2021 | Common Stock ($1 par value) | 3,615 | 31,376 | D |
| Non-Qualified Stock Option (right to buy)F5 | $32.32 | Jul 1, 2015 | M | 2,700 | D | Nov 7, 2013 | Nov 7, 2022 | Common Stock ($1 par value) | 2,700 | 28,676 | D |
| Stock equivalent unitsF4 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 5,058 | 5,058 | D |
Explanation of responses
- F1This restricted stock was awarded pursuant to the Amended and Restated Meredith Corporation 2004 Stock Incentive Plan. The shares are subject to forfeiture and nontransferable until vested. Restrictions on the shares lapse on 1/3 of the shares per year for three years commencing on the first anniversary of the grant date.
- F2Shares held by the reporting person in street name.
- F3Shares held in the reporting person's street name account and disposed of at a weighted average price in accordance with a 10b5-1 Plan.
- F4Stock equivalents issued pursuant to the Meredith Corporation 2004 Stock Incentive Plan (the "Plan"), which will be converted to Common Stock ($1 par value) on a one-for-one basis upon the reporting person's retirement from or termination of service on the Meredith Board of Directors. Quarterly dividends are accrued in the form of additional stock equivalents.
- F5Nonqualified stock options awarded pursuant to the Meredith Corporation 2004 Stock Incentive Plan, which become exercisable one-third per year over a three-year period beginning on the first anniversary of the grant date, expire on the tenth anniversary of the grant date, and have exercise prices as specified in each award agreement.