MEREDITH CORP 4
4 · MEREDITH CORP · Filed Nov 12, 2015
Insider Transaction Report
Form 4
MARINEAU PHILIP A
Director
Transactions
- Award
Common Stock (Restricted) ($1 par value)
2015-11-11+1,064→ 3,194 total - Award
Non-Qualified Stock Option (right to buy)
2015-11-11+4,389→ 27,065 totalExercise: $47.01From: 1988-08-08Exp: 1988-08-08→ Common Stock ($1 par value) (4,389 underlying)
Holdings
- 5,106
Stock equivalent units
Exercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock ($1 par value) (5,106 underlying) - 8,706
Common Stock ($1 par value)
Footnotes (4)
- [F1]This 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.
- [F2]Shares held by the reporting person in a street name account.
- [F3]Stock equivalent units issued pursuant to the Meredith Corporation 2014 Stock Incentive 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.
- [F4]Nonqualified stock options granted pursuant to the Meredith Corporation Stock Incentive Plan. Each becomes exercisable in its entirety on the third anniversary of the grant date, expires on the tenth anniversary of the grant date, and has an exercise price as specified in the award agreement.