JOHNSON JOEL W 4
4 · MEREDITH CORP · Filed Nov 13, 2017
Insider Transaction Report
Form 4
JOHNSON JOEL W
Director
Transactions
- Award
Common Stock ($1 par value)
[F1][F2]2017-11-08+1,058→ 17,367 total - Award
Non-Qualified Stock Option (right to buy)
[F3]2017-11-08+5,936→ 5,936 totalExercise: $52.00Exp: 2027-11-08→ Common Stock ($1 par value) (5,936 underlying) - Award
Stock equivalent units
[F4]2017-11-08+2,121→ 54,267 totalExercise: $0.00→ Stock equivalent units (2,121 underlying)
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]Common stock includes restricted shares and shares held by the reporting person in a street name account.
- [F3]Nonqualified 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.
- [F4]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 resignation, retirement or other termination of service on the Meredith Board of Directors. Quarterly dividends are accrued in the form of additional stock equivalents.
Signature
Kara Brodell, by Power of Attorney For: Joel W. Johnson|2017-11-10