SEC Form 4 · accession 0000065011-18-000081
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Lacy
Officer — Executive Chairman · Director
Period of report
Aug 11, 2018
Accepted (ET)
Aug 14, 2018 · 7:55 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 11, 2018 | M | 21,000 | — | A | 33,142 | D | |
| Common Stock ($1 par value)F1 | Aug 11, 2018 | F | 9,638 | $49.70 | D | 23,504 | D | |
| Common Stock (Restricted) ($1 par value)F3 | holding | — | — | — | 443 | D | ||
| Common Stock ($1 par value)F4 | holding | — | — | — | 23,045 | 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 UnitsF2,F5 | $0.00 | Aug 11, 2018 | M | 21,000 | D | — | — | Common Stock ($1 par value) | 21,000 | 43,736 | D |
Explanation of responses
- F1Shares held by reporting person in a registered account & in street name accounts (one street name with spouse).
- F2Represents a restricted stock unit vesting.
- 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 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).
- F5Restricted Stock Units granted pursuant to Meredith Corporation's 2014 Stock Incentive Plan which was converted to Common Stock ($1 par value) on August 11, 2018.