| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MDP | Common Stock ($1 par value) | Disposed to Issuer | -28.9K | -100% | 0 | Dec 1, 2021 | Direct | F1 | ||
| transaction | MDP | Common Stock ($1 par value) | Options Exercise | $196K | +4.7K | +17.66% | $41.83 | 31.3K | Dec 1, 2021 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MDP | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -8.1K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 8.1K | $23.03 | Direct | F2, F3 | ||
| transaction | MDP | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -4.06K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 4.06K | $37.29 | Direct | F2, F3 | ||
| transaction | MDP | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -3.91K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 3.91K | $36.51 | Direct | F2, F3 | ||
| transaction | MDP | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -4.39K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 4.39K | $33.51 | Direct | F2, F3 | ||
| transaction | MDP | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -5.69K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 5.69K | $33.96 | Direct | F2, F3 | ||
| transaction | MDP | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -5.94K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 5.94K | $37.06 | Direct | F2, F3 | ||
| transaction | MDP | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -4.7K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 4.7K | $41.83 | Direct | F1, F2, F4 | ||
| transaction | MDP | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -8.16K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 8.16K | $25.22 | Direct | F2, F3 | ||
| transaction | MDP | Non-Qualified Stock Option (right to buy) | Disposed to Issuer | -11.7K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 11.7K | $11.33 | Direct | F2, F3 | ||
| transaction | MDP | Stock equivalent units | Disposed to Issuer | -25.3K | -100% | 0 | Dec 1, 2021 | Common Stock ($1 par value) | 25.3K | Direct | F5, F6 |
Elizabeth E. Tallett is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | In connection with the closing of the previously announced acquisition by Gray Television, Inc. ("Gray") of the issuer's local media group business immediately following and subject to the spin-off of the issuer's digital and magazine segments and corporate operations (collectively, the "Transactions") and as described in the issuer's definitive proxy statement filed with the Securities and Exchange Commission on November 8, 2021 (the "Proxy Statement"), each share of Common Stock was exchanged for (i) $16.99 in cash per share and (ii) shares of Common Stock of Meredith Holdings Corporation on a one-for-one basis. |
| F2 | In connection with the Transactions and as described in the Proxy Statement, the exercise price of this option was adjusted, which adjusted exercise price is reported in column 2 above, and this option was canceled in exchange for (i) a cash amount equal to the excess, if any, of $16.99 per share less the adjusted exercise price and (ii) a stock option of Meredith Holdings Corporation with respect to an equal number of shares subject to this option. |
| F3 | Pursuant to their original terms, the options were convertible to Common Stock on a one-for-one basis one-third per year over a three-year period beginning on the first anniversary of the grant date until completed on the third anniversary of the grant. |
| F4 | 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 and expire on the tenth anniversary of the grant date. |
| F5 | In connection with the Transactions and as described in the Proxy Statement, these awards were canceled in exchange for (i) $16.99 in cash per share and (ii) stock equivalent units of Meredith Holdings Corporation with respect to an equal number of shares subject to these awards. |
| F6 | Pursuant to their original terms, the Stock Equivalent Units were convertible to Common Stock on a one-for-one basis upon the reporting person's resignation, retirement or other termination of service on the issuer's Board of Directors. |