SEC Form 4 · accession 0000065011-17-000104
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
Aug 8, 2017
Accepted (ET)
Aug 15, 2017 · 6:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000065011
Table I — non-derivative securities
No Table I lines on this filing.
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) | $58.00 | Aug 8, 2017 | A | 18,000 | A | Aug 8, 2020 | Aug 8, 2027 | Common Stock ($1 par value) | 18,000 | 18,000 | D |
| Restricted Stock UnitsF1 | $0.00 | Aug 8, 2017 | A | 6,550 | A | — | — | Common Stock ($1 par value) | 6,550 | 32,129 | D |
| Restricted Stock UnitsF2,F1 | $0.00 | Aug 12, 2017 | D | 6,550 | D | — | — | Common Stock ($1 par value) | 6,550 | 25,579 | D |
| Stock equivalent unitsF2,F3 | — | Aug 12, 2017 | A | 6,550 | A | — | — | Stock equivalent units | 6,550 | 50,979 | D |
Explanation of responses
- F1Restricted Stock Units granted pursuant to Meredith Corporation's 2014 Stock Incentive Plan which will be converted to Common Stock ($1 par value) on a 1-for-1 basis upon the completion of a three-year period of service. Quarterly dividends are paid in cash.
- F2Represents the deferral of restricted stock units upon vesting into stock equivalent units on a one-for-one basis.
- F3Stock 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.