SEC Form 4 · accession 0000065011-17-000047
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Karpowicz
Officer — President-Local Media Group
Period of report
Jan 28, 2017
Accepted (ET)
Jan 31, 2017 · 8:01 pm EST
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 | Jan 28, 2017 | F | 1,066 | $61.60 | D | 4,921 | D | |
| Common Stock (Restricted) ($1 par value)F1 | Jan 28, 2017 | M | 2,417 | $61.60 | D | 2,504 | D | |
| Common Stock ($1 par value)F2 | Jan 28, 2017 | M | 2,417 | $61.60 | A | 54,495 | D | |
| Common Stock ($1 par value)F2 | Jan 31, 2017 | M | 30,000 | $53.90 | A | 84,495 | D | |
| Common Stock ($1 par value)F2 | Jan 31, 2017 | M | 39,000 | $25.58 | A | 123,495 | D | |
| Common Stock ($1 par value)F2 | Jan 31, 2017 | M | 44,000 | $34.85 | A | 167,495 | D | |
| Common Stock ($1 par value)F2 | Jan 31, 2017 | F | 85,602 | $61.35 | D | 81,893 | D | |
| Common Stock ($1 par value)F3 | holding | — | — | — | 8,934 | 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) | $53.90 | Jan 31, 2017 | M | 30,000 | D | Aug 7, 2010 | Aug 7, 2017 | Common Stock ($1 par value) | 30,000 | 0 | D |
| Non-Qualified Stock Option (right to buy) | $25.58 | Jan 31, 2017 | M | 39,000 | D | Aug 9, 2014 | Aug 9, 2021 | Common Stock ($1 par value) | 39,000 | 0 | D |
| Non-Qualified Stock Option (right to buy) | $34.85 | Jan 31, 2017 | M | 44,000 | D | Aug 7, 2015 | Aug 7, 2022 | Common Stock ($1 par value) | 44,000 | 0 | 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 reporting person in a registered account & in street name accounts (one street name account with spouse).
- F3Shares held in the reporting person's Meredith Corporation Employee Stock Purchase Plan account. Quarterly dividends are paid in the form of additional Common Stock, $1 par value.