Kerger Paula 4
4 · MEREDITH CORP · Filed Nov 15, 2019
Insider Transaction Report
Form 4
Kerger Paula
Director
Transactions
- Award
Common Stock ($1 par value)
2019-11-13+1,908→ 4,259 total - Award
Non-Qualified Stock Option (right to buy)
2019-11-13+8,161→ 8,161 totalExercise: $35.39Exp: 2029-11-13→ Common Stock ($1 par value) (8,161 underlying) - Award
Stock equivalent units
2019-11-13+1,558→ 2,543 totalExercise: $0.00→ Common Stock ($1 par value) (1,558 underlying)
Footnotes (4)
- [F1]This restricted stock award was awarded pursuant to the Meredith Corporation 2014 Stock Incentive Plan. The share 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 street name and in a registered account in the reporting persons name.
- [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 retirement from or termination of service on the Meredith Board of Directors. Quarterly dividends are accrued in the form of additional stock equivalents.