SEC Form 4 · accession 0000065011-19-000013
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
Jan 31, 2019
Accepted (ET)
Feb 4, 2019 · 6:54 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 | Jan 31, 2019 | M | 443 | — | D | 0 | D | |
| Common Stock ($1 par value)F3,F2 | Jan 31, 2019 | M | 443 | — | A | 23,947 | D | |
| Common Stock ($1 par value)F3 | Jan 31, 2019 | F | 161 | $54.27 | D | 23,786 | D | |
| Common Stock ($1 par value)F4 | holding | — | — | — | 23,428 | 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 UnitsF5,F6 | $0.00 | Feb 2, 2019 | A | 3,365 | A | — | — | Common Stock ($1 par value) | 3,365 | 60,601 | 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.
- F2Represents a restricted stock award vesting.
- F3Shares held by the reporting person in street name.
- 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 will be converted to Common Stock ($1 par value) on a one-for-one basis upon the completion of a three or five-year period of service.
- F6Restricted Stock Units granted pursuant to Meredith Corporation's 2014 Stock Incentive Plan which will be converted to Common Stock ($1 par value) on a one-for-one basis upon the completion of a five year period of service. Quarterly dividends are paid in cash.