SEC Form 4 · accession 0000065011-16-000258
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Stephen M Lacy
Officer — Chairman, President & CEO · Director
Period of report
May 3, 2016
Accepted (ET)
May 5, 2016 · 2:42 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 3, 2016 | A | 26,935 | $51.65 | A | 52,202 | D | |
| Common Stock (Restricted) ($1 par value)F2 | holding | — | — | — | 25,114 | D | ||
| Common Stock ($1 par value)F3 | holding | — | — | — | 12,004 | I | by Managed Account | |
| Common Stock ($1 par value)F4 | holding | — | — | — | 2,600 | 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 | $0.00 | May 3, 2016 | A | 145,000 | D | Aug 8, 1988 | Aug 8, 1988 | Non-Qualified Stock Option (right to buy) | 145,000 | 320,000 | D |
| Stock equivalent unitsF6 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 57,305 | 57,305 | D |
| Restricted Stock UnitsF7 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 46,528 | 46,528 | D |
Explanation of responses
- F1Shares held by the reporting person in street 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 reporting person's IRA and Meredith Corp. Savings & Investment Plan accounts, upon which quarterly dividends are paid in the form of additional Common Stock ($1 par value).
- F4Shares held by reporting person in a registered account & in street name account with spouse.
- 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 tenth anniversary of the grant date, and has an exercise price as specified in the award agreement.
- F6Stock equivalent units 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.
- F7Restricted 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.