SEC Form 4 · accession 0000065011-16-000248
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
Apr 28, 2016
Accepted (ET)
Apr 29, 2016 · 11:01 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 | Apr 28, 2016 | M | 43,000 | $34.85 | A | 43,000 | D | |
| Common Stock ($1 par value)F2 | Apr 28, 2016 | F | 34,217 | $50.25 | D | 8,783 | D | |
| Common Stock ($1 par value) | holding | — | — | — | 19 | I | Former custodial account for children | |
| Common Stock (Restricted) ($1 par value)F3 | holding | — | — | — | 29,045 | D | ||
| Common Stock ($1 par value)F4 | holding | — | — | — | 45 | 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) | $34.85 | Apr 28, 2016 | M | 43,000 | D | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 43,000 | 54,000 | D |
| Stock equivalent unitsF5 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 67,919 | 64,614 | D |
| Restricted Stock UnitsF6 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 17,350 | 17,350 | D |
Explanation of responses
- F1Nonqualified 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.
- F2Shares held by the reporting person in street name.
- 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.
- F4Shares held in reporting person's IRA account; Meredith Corp. Savings & Investment Plan account; and Meredith Corp. Employee Stock Purchase Plan account, upon all of which quarterly dividends are paid in the form of additional Common Stock ($1 par value).
- F5Stock 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.
- F6Restricted Stock Units granted pursuant to Meredith Corporation's 2004 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.