SEC Form 4 · accession 0000065011-15-000086
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven M Cappaert
Officer — Corporate Controller
Period of report
Aug 11, 2015
Accepted (ET)
Aug 13, 2015 · 12:18 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 (Restricted) ($1 par value)F1 | holding | — | — | — | 2,500 | D | ||
| Common Stock ($1 par value)F2 | holding | — | — | — | 4,559 | D | ||
| Common Stock ($1 par value)F3 | holding | — | — | — | 6,425 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F4 | $44.72 | Aug 11, 2015 | A | 4,300 | A | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 4,300 | 28,700 | D |
| Restricted Stock UnitsF5 | $0.00 | Aug 11, 2015 | A | 1,600 | A | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 1,600 | 3,200 | D |
| Stock equivalent unitsF6 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 631 | 631 | D |
Explanation of responses
- F1Shares 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.
- F2Shares held by the reporting person in street name.
- F3These shares are held in reporting person's Meredith Corp. Savings & Investment Plan and Employee Stock Purchase Plan accounts. Quarterly dividends on the accounts are paid in the form of additional common stock, $1 par value.
- 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 tenth 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 one-for-one basis upon the completion of a three-year period of service.
- 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.