Meredith Corporation
MEREDITH CORP (Form: 4, Received: 01/31/2017 20:03:08)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

LACY STEPHEN M
2. Issuer Name and Ticker or Trading Symbol

MEREDITH CORP [ MDP ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

1716 LOCUST STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

1/28/2017
(Street)

DES MOINES, IA 50309-3023
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (Restricted) ($1 par value)   (1) 1/28/2017     F    200   D $61.60   4914   D    
Common Stock (Restricted) ($1 par value)   (1) 1/28/2017     M    310   D $61.60   4604   D    
Common Stock ($1 par value)   (2) 1/28/2017     M    310   A $61.60   9584   D    
Common Stock ($1 par value)   (2) 1/30/2017     M    120000   A $53.90   129584   D    
Common Stock ($1 par value)   (2) 1/30/2017     F    109976   D $61.70   19608   D    
Common Stock ($1 par value)   (3)                12217   I   by Managed Account  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units   $0.0   1/28/2017     A      514         (4)   (4) Common Stock ($1 par value)   514.0   $0   70542   D    
Restricted Stock Units   $0.0   1/28/2017     D         3524      (4)   (4) Common Stock ($1 par value)   3524.0   $0   67018   D    
Non-Qualified Stock Option (right to buy)   $53.9   1/30/2017     M         120000    8/7/2010   8/7/2017   Non-Qualified Stock Option (right to buy)   120000.0   $0   0   D    

Explanation of Responses:
( 1)  Shares were awarded pursuant to the Meredith Corporation Stock Incentive Plans. The shares are subject to forfeiture and are nontransferable until vested, either on the third or the fifth anniversary of the grant date, as specified in each award agreement.
( 2)  Shares held by reporting person in a registered account & in street name accounts (one street name account with spouse).
( 3)  Shares held in reporting person's IRA and Meredith Corp. Savings & Investment Plan accounts, upon which quarterly dividends are paid in the form of additional Common Stock ($1 par value).
( 4)  Restricted Stock Units granted pursuant to Meredith Corporation's 2014 Stock Incentive Plan which will be converted to Common Stock ($1 par value) on a one-for-one basis upon the completion of a five year period of service. Quarterly dividends are paid in cash.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LACY STEPHEN M
1716 LOCUST STREET
DES MOINES, IA 50309-3023
X
Chairman and CEO

Signatures
By: Kara Brodell, by Power of Attorney For: Stephen M. Lacy 1/31/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.