SEC Form 4 · accession 0000065011-18-000155
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Frederick B Henry
Director
Period of report
Nov 14, 2018
Accepted (ET)
Nov 16, 2018 · 5:55 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 14, 2018 | A | 938 | $0.00 | A | 3,051 | D | |
| Common Stock ($1 par value)F3,F2 | Nov 15, 2018 | S | 1,057 | $57.4511 | D | 1,994 | D |
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)F4 | $58.69 | Nov 14, 2018 | A | 3,827 | A | — | Nov 14, 2028 | Common Stock ($1 par value) | 3,827 | 3,827 | D |
Explanation of responses
- F1This restricted stock was awarded pursuant to the Meredith Corporation 2014 Stock Incentive Plan. The shares are subject to forfeiture and non-transferable until vested. Restrictions on the shares lapse on 1/3 of the shares per year commencing on the first anniversary of the grant date.
- F2Common stock includes restricted shares and shares held by the reporting person in a street name account.
- F3The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $57.09 to $57.65, 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.
- F4Nonqualified stock options awarded pursuant to the Meredith Corporation 2014 Stock Incentive Plan, which become exercisable one-third per year over a three-year period beginning on the first anniversary of the grant date and expire on the tenth anniversary of the grant date.