SEC Form 4 · accession 0001144204-17-064393
MEREDITH CORP · MDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Meredith D Mell Frazier
Director · 10% Owner
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 8:32 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, par value $1.00 per share | Dec 15, 2017 | M | 6,000 | $18.56 | A | 6,000 | D | |
| Common Stock, par value $1.00 per share | Dec 15, 2017 | F | 1,589 | $70.10 | D | 4,411 | D | |
| Common Stock, par value $1.00 per share | Dec 15, 2017 | M | 6,000 | $28.24 | A | 10,411 | D | |
| Common Stock, par value $1.00 per share | Dec 15, 2017 | F | 2,418 | $70.10 | D | 7,993 | D | |
| Common Stock, par value $1.00 per share | Dec 15, 2017 | M | 6,000 | $34.10 | A | 13,993 | D | |
| Common Stock, par value $1.00 per share | Dec 15, 2017 | F | 2,919 | $70.10 | D | 11,074 | D | |
| Common Stock, par value $1.00 per share | Dec 15, 2017 | M | 10,845 | $26.55 | A | 21,919 | D | |
| Common Stock, par value $1.00 per share | Dec 15, 2017 | F | 4,108 | $70.10 | D | 17,811 | D | |
| Common Stock, par value $1.00 per share | Dec 15, 2017 | M | 8,100 | $32.32 | A | 25,911 | D | |
| Common Stock, par value $1.00 per share | Dec 15, 2017 | F | 3,735 | $70.10 | D | 22,176 | D | |
| Common Stock, par value $1.00 per shareF1 | Dec 15, 2017 | S | 22,176 | $69.85 | D | 0 | D | |
| Common Stock, par value $1.00 per shareF2 | holding | — | — | — | 15,024 | I | Trusts | |
| Common Stock, par value $1.00 per share | holding | — | — | — | 1,695 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $18.56 | Dec 15, 2017 | M | 6,000 | D | — | Nov 6, 2018 | Common Stock | 6,000 | 0 | D |
| Stock OptionF4 | $28.24 | Dec 15, 2017 | M | 6,000 | D | — | Nov 8, 2019 | Common Stock | 6,000 | 0 | D |
| Stock OptionF5 | $34.10 | Dec 15, 2017 | M | 6,000 | D | — | Nov 3, 2020 | Common Stock | 6,000 | 0 | D |
| Stock OptionF6 | $26.55 | Dec 15, 2017 | M | 10,845 | D | — | Nov 9, 2021 | Common Stock | 10,845 | 0 | D |
| Stock OptionF7 | $32.32 | Dec 15, 2017 | M | 8,100 | D | — | Nov 7, 2022 | Common Stock | 8,100 | 0 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $69.45 to $70.25. The undersigned undertakes to provide Meredith Corporation ("Meredith"), any security holder of Meredith or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- F2Common stock includes restricted shares and shares held by the reporting person in a street name account.
- F3Stock options become exercisable one-third per year over a three-year period beginning on November 6, 2009.
- F4Stock options become exercisable one-third per year over a three year period beginning on November 5, 2010.
- F5Stock options become exercisable one-third per year over a three year period beginning on November 3, 2011.
- F6Stock options become exercisable one-third per year over a three year period beginning on November 9, 2012.
- F7Stock options become exercisable one-third per year over a three year period beginning on November 7, 2013.