SEC Form 4 · accession 0000065011-17-000161
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
Nov 29, 2017
Accepted (ET)
Dec 1, 2017 · 4:07 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 ($1 par value)F1,F2 | Nov 29, 2017 | S | 5,000 | $68.6129 | D | 61,493 | D | |
| Common Stock (Restricted) ($1 par value)F3 | holding | — | — | — | 2,504 | D | ||
| Common Stock ($1 par value)F4 | holding | — | — | — | 9,177 | I | By Managed Account |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares held by reporting person in a registered account & in street name accounts (one street name with spouse).
- F2The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $68.60 to $68.65, inclusive. The reporting person undertakes to provide Meredith, any securityholder of Meredith Corporation, or the Staff of the Securities and Exchange Commission, upon request, separate prices within the range set forth in footnote (2) to this Form 4.
- 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 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.