SEC Form 4 · accession 0000065011-17-000048
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Lacy
Officer — Chairman and CEO · Director
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 | 200 | $61.60 | D | 4,914 | D | |
| Common Stock (Restricted) ($1 par value)F1 | Jan 28, 2017 | M | 310 | $61.60 | D | 4,604 | D | |
| Common Stock ($1 par value)F2 | Jan 28, 2017 | M | 310 | $61.60 | A | 9,584 | D | |
| Common Stock ($1 par value)F2 | Jan 30, 2017 | M | 120,000 | $53.90 | A | 129,584 | D | |
| Common Stock ($1 par value)F2 | Jan 30, 2017 | F | 109,976 | $61.70 | D | 19,608 | D | |
| Common Stock ($1 par value)F3 | holding | — | — | — | 12,217 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4 | $0.00 | Jan 28, 2017 | A | 514 | A | — | — | Common Stock ($1 par value) | 514 | 70,542 | D |
| Restricted Stock UnitsF4 | $0.00 | Jan 28, 2017 | D | 3,524 | D | — | — | Common Stock ($1 par value) | 3,524 | 67,018 | D |
| Non-Qualified Stock Option (right to buy) | $53.90 | Jan 30, 2017 | M | 120,000 | D | Aug 7, 2010 | Aug 7, 2017 | Non-Qualified Stock Option (right to buy) | 120,000 | 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 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).
- F4Restricted 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 five year period of service. Quarterly dividends are paid in cash.