SEC Form 4 · accession 0000065011-17-000108
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan B. Werther
Officer — President-National Media
Period of report
Aug 8, 2017
Accepted (ET)
Aug 15, 2017 · 6:44 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,F2 | Aug 12, 2017 | M | 2,750 | — | A | 4,055 | D | |
| Common Stock ($1 par value)F1 | Aug 12, 2017 | F | 1,024 | $56.80 | D | 3,031 | D | |
| Common Stock ($1 par value)F3 | holding | — | — | — | 107 | 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) | $58.00 | Aug 8, 2017 | A | 15,000 | A | Aug 8, 2020 | Aug 8, 2027 | Common Stock ($1 par value) | 15,000 | 15,000 | D |
| Restricted Stock UnitsF4 | $0.00 | Aug 8, 2017 | A | 5,000 | A | — | — | Common Stock ($1 par value) | 5,000 | 13,858 | D |
| Restricted Stock UnitsF2,F5 | $0.00 | Aug 12, 2017 | M | 2,750 | D | — | — | Common Stock ($1 par value) | 2,750 | 11,108 | D |
Explanation of responses
- F1Shares held by the reporting person in a street name account.
- F2Represents a restricted stock unit vesting.
- 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.
- 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 1-for-1 basis upon the completion of a three-year period of service. Quarterly dividends are paid in cash.
- F5Restricted Stock Units granted pursuant to Meredith Corporation's 2014 Stock Incentive Plan which were converted to Common Stock ($1 par value) on a 1-for-1 basis on August 12, 2017.