Sec Form 4 Filing - KARPOWICZ PAUL @ MEREDITH CORP - 2017-07-31

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
KARPOWICZ PAUL
2. Issuer Name and Ticker or Trading Symbol
MEREDITH CORP [ MDP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President-Local Media Group
(Last) (First) (Middle)
1716 LOCUST STREET
3. Date of Earliest Transaction (MM/DD/YY)
07/31/2017
(Street)
DES MOINES, IA50309-3023
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 ($1 par value) ( 1 ) 07/31/2017 S 15,400 D $ 60.2766 ( 2 ) 66,658 D
Common Stock ($1 par value) ( 1 ) 07/31/2017 M 31,000 A $ 32.85 97,658 D
Common Stock ($1 par value) ( 1 ) 07/31/2017 M 20,000 A $ 47.92 117,658 D
Common Stock ($1 par value) ( 1 ) 07/31/2017 F 22,915 D $ 61.25 94,743 D
Common Stock ($1 par value) ( 1 ) 07/31/2017 F 17,404 D $ 62.3 77,339 D
Common Stock ($1 par value) ( 1 ) 07/31/2017 S 7,050 D $ 60.4098 ( 3 ) 70,289 D
Common Stock (Restricted) ($1 par value) ( 4 ) 2,504 D
Common Stock ($1 par value) ( 5 ) 9,089 I By Managed Account
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Non-Qualified Stock Option (right to buy) $ 32.85 07/31/2017 M 31,000 08/10/2013 08/10/2020 Common Stock ($1 par value) 31,000 $ 0 0 D
Non-Qualified Stock Option (right to buy) $ 47.92 07/31/2017 M 20,000 08/13/2016 08/13/2023 Common Stock ($1 par value) 20,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KARPOWICZ PAUL
1716 LOCUST STREET
DES MOINES, IA50309-3023
President-Local Media Group
Signatures
By: Kara Brodell, by Power of Attorney For: Paul A. Karpowicz 08/02/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares held by reporting person in a registered account & in street name accounts (one street name with spouse).
( 2 )The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $60.00 to $60.45, inclusive. The reporting person undertakes to provide Meredith, any securityholder of Meredith Corporation, or the Staff of the Securities and Exchange Commission, upon request, separate prices within the range set forth in footnote (2) to this Form 4.
( 3 )The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $60.00 to $60.70, inclusive. The reporting person undertakes to provide Meredith, any securityholder of Meredith Corporation, or the Staff of the Securities and Exchange Commission, upon request, separate prices within the range set forth in footnote (3) to this Form 4.
( 4 )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.
( 5 )Shares held in the reporting person's Meredith Corporation Employee Stock Purchase Plan account. Quarterly dividends are paid in the form of additional Common Stock, $1 par value.

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 Number.