SEC Form 4 · accession 0000065011-16-000260
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph H Ceryanec
Officer — Chief Financial Officer
Period of report
May 3, 2016
Accepted (ET)
May 5, 2016 · 2:48 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 | M | 40,000 | $34.85 | A | 40,000 | D | |
| Common Stock ($1 par value)F2 | May 3, 2016 | F | 31,330 | $51.65 | D | 8,670 | D | |
| Common Stock (Restricted) ($1 par value)F3 | holding | — | — | — | 16,622 | D | ||
| Common Stock ($1 par value)F4 | holding | — | — | — | 1,716 | 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)F5 | $44.72 | May 3, 2016 | M | 40,000 | D | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 40,000 | 54,000 | D |
| Restricted Stock UnitsF6 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 18,779 | 18,779 | D |
| Stock equivalent unitsF7 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock ($1 par value) | 41,840 | 41,840 | D |
Explanation of responses
- F1Shares held by the reporting person in a street name account.
- 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 attributed to the reporting person's Meredith Corporation Savings and Investment Plan and Employee Stock Purchase Plan accounts. Quarterly dividends on these shares are paid in the form of additioal Common Stock ($1 par value).
- F5This option was granted pursuant to the Meredith Corp. Stock Incentive Plans and becomes exercisable in its entirety on the third anniversary of the date of grant.
- F6Restricted 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.
- F7Stock 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.