SEC Form 4 · accession 0000065011-18-000027
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
Feb 2, 2018
Accepted (ET)
Feb 6, 2018 · 6:45 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,F2 | Feb 2, 2018 | D | 2,504 | — | D | 0 | D | |
| Common Stock ($1 par value)F3 | holding | — | — | — | 61,493 | D | ||
| Common Stock ($1 par value)F4 | holding | — | — | — | 9,245 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock equivalent unitsF2,F5 | $0.00 | Feb 2, 2018 | A | 2,504 | A | — | — | Stock equivalent units | 2,504 | 2,504 | 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 represent the deferral of vested shares to stock equivalent units on a one-for-one basis.
- F3Shares held by reporting person in a registered account & in street name accounts (one street name with spouse).
- 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.
- F5Stock 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.