Kerger Paula 4
4 · MEREDITH CORP · Filed Nov 13, 2020
Insider Transaction Report
Form 4
Kerger Paula
Director
Transactions
- Award
Common Stock ($1 par value)
2020-11-11+4,246→ 8,541 total - Award
Non-Qualified Stock Option (right to buy)
2020-11-11+11,692→ 11,692 totalExercise: $15.90Exp: 2030-11-11→ Common Stock ($1 par value) (11,692 underlying) - Award
Stock equivalent units
2020-11-11+3,467→ 6,120 totalExercise: $0.00→ Common Stock ($1 par value) (3,467 underlying)
Footnotes (3)
- [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]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.
- [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, to the extent they are paid by the Company, are accrued in the form of additional stock equivalents.