SEC Form 4 · accession 0000065011-16-000254
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas H Harty
Officer — President-National Media Group
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 3:11 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)F1 | May 2, 2016 | M | 5,000 | $44.72 | A | 5,000 | D | |
| Common Stock ($1 par value)F1 | May 2, 2016 | F | 4,687 | $0.00 | D | 313 | D | |
| Common Stock ($1 par value)F1 | May 2, 2016 | A | 313 | $51.22 | D | 0 | D | |
| Common Stock ($1 par value)F2,F3 | May 2, 2016 | A | 20,000 | $51.2646 | D | 7,691 | D | |
| Common Stock ($1 par value)F4 | May 2, 2016 | A | 2,638 | $0.00 | D | 0 | I | 401(k) |
| Common Stock ($1 par value)F5 | holding | — | — | — | 2,360 | I | by Managed Account | |
| Common Stock (Restricted) ($1 par value)F6 | holding | — | — | — | 19,837 | 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)F7 | $44.72 | May 2, 2016 | M | 5,000 | D | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 5,000 | 194,000 | D |
| Restricted Stock UnitsF8 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 21,687 | 21,687 | D |
Explanation of responses
- F1Shares held by the reporting person in a registered account.
- F2Shares held by the reporting person in street name.
- F3The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $51.06 to $51.59, inclusive. The reporting person undertakes to provide Meredith, any securityholder of Meredith Corporation, or the Staff of the Securities and Exchange Commission, upon request, separate prices within the range set forth in footnote (2) to this Form 4.
- F4Shares held in the reporting person's Meredith Corporation Savings and Investment Plan (401(K)). Quarterly dividends are paid in the form of additional Common Stock, $1 par value.
- F5Shares held in the reporting person's Meredith Corporation Employee Stock Purchase Plan account. Quarterly dividends on these shares are paid in the form of additional Common Stock, $1 par value.
- F6Shares 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.
- F7Nonqualified 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.
- F8Restricted 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.