SEC Form 4 · accession 0000065011-15-000079
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
Aug 7, 2015
Accepted (ET)
Aug 11, 2015 · 11:38 am 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)F1 | Aug 7, 2015 | F | 2,624 | $45.59 | D | 38,771 | D | |
| Common Stock (Restricted) ($1 par value)F2 | holding | — | — | — | 15,160 | D | ||
| Common Stock ($1 par value) | holding | — | — | — | 5,876 | I | Shares held by spouse | |
| Common Stock ($1 par value)F3 | holding | — | — | — | 8,177 | I | By Managed Account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 7,300 | 7,300 | D |
| Non-Qualified Stock Option (right to buy)F5 | $0.00 | holding | — | — | — | Aug 12, 2011 | Aug 12, 2018 | Common Stock ($1 par value) | 297,000 | 297,000 | D |
Explanation of responses
- F1Shares held by the reporting person in street name and also in a registered account in the reporting persons name.
- F2Shares 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.
- F3Shares 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.
- F4Restricted 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.
- F5Nonqualified 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.