MEREDITH CORP 4
4 · MEREDITH CORP · Filed Nov 12, 2003
Insider Transaction Report
Form 4
PEEBLER CHARLES D JR
Director
Transactions
- Award
Stock equivalent units
2003-11-10+843→ 1,660 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock ($1 par value) (843 underlying) - Award
Non-Qualified Stock Option (right to buy)
2003-11-11$49.75/sh+6,000$298,500→ 6,000 totalExercise: $49.75From: 2004-11-11Exp: 2013-11-11→ Common Stock ($1 par value) (6,000 underlying)
Holdings
- 6,000
Non-Qualified Stock Option (right to buy)
Exercise: $45.27From: 2003-11-12Exp: 2012-11-12→ Common Stock ($1 par value) (6,000 underlying) - 1,200
Common Stock (Restricted) ($1 par value)
Footnotes (3)
- [F1]Shares awarded pursuant to the 2002 Meredith Corporation Stock Plan for Non-employee Directors (the "Plan"). The shares are subject to forfeiture and are nontransferable until five years from the grant date.
- [F2]This option was awarded pursuant to the Meredith Corp. Stock Plan for Non-employee Directors and becomes exercisable in three equal annual installments, commencing on the first anniversary of the date of grant.
- [F3]Stock equivalents issued at fair market value (the average of the high and low selling price of Meredith Common Stock on the issue date), pursuant to Meredith Corp.'s 2002 Stock Plan for Non-employee Directors (the "Plan"), which will be converted to Common Stock ($1 par value) on a one-for-one basis upon the reporting person's retirement from or termination of service on the Meredith Board of Directors. Quarterly dividends are accrued in the form of additional stock equivalents. Data in this footnote would normally appear in the Title, Exercisable Date, and Price columns.