SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CAPPAERT STEVEN M

(Last) (First) (Middle)
C/O 1716 LOCUST ST

(Street)
DES MOINES IA 50309

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Meredith Holdings Corp [ NONE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Corporate Controller
3. Date of Earliest Transaction (Month/Day/Year)
12/01/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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) 12/01/2021 D 22,655(1) D (2) 0 D
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 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: 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 (3) 12/01/2021 A 21,575(4) (5) (5) Common Stock ($1 par value) 21,575 (4) 21,575 D
Restricted Stock Units (3) 12/01/2021 D 21,575 (5) (5) Common Stock ($1 par value) 21,575 (3) 0 D
Non-Qualified Stock Option (right to buy) $31.87(6) 12/01/2021 A 4,300(4) 08/11/2018 08/11/2025 Common Stock ($1 par value) 4,300 (4) 4,300 D
Non-Qualified Stock Option (right to buy) $31.87(6) 12/01/2021 D 4,300 08/11/2018 08/11/2025 Common Stock ($1 par value) 4,300 (6) 0 D
Non-Qualified Stock Option (right to buy) $37.71(6) 12/01/2021 A 4,200(4) 08/09/2019 08/09/2026 Common Stock ($1 par value) 4,200 (4) 4,200 D
Non-Qualified Stock Option (right to buy) $37.71(6) 12/01/2021 D 4,200 08/09/2019 08/09/2026 Common Stock ($1 par value) 4,200 (6) 0 D
Non-Qualified Stock Option (right to buy) $41.34(6) 12/01/2021 A 3,800(4) 08/08/2020 08/08/2027 Common Stock ($1 par value) 3,800 (4) 3,800 D
Non-Qualified Stock Option (right to buy) $41.34(6) 12/01/2021 D 3,800 08/08/2020 08/08/2027 Common Stock ($1 par value) 3,800 (6) 0 D
Non-Qualified Stock Option (right to buy) $37.38(6) 12/01/2021 A 12,450(4) 08/21/2021 08/21/2028 Common Stock ($1 par value) 12,450 (4) 12,450 D
Non-Qualified Stock Option (right to buy) $37.38(6) 12/01/2021 D 12,450 08/21/2021 08/21/2028 Common Stock ($1 par value) 12,450 (6) 0 D
Non-Qualified Stock Option (right to buy) $26.37(6) 12/01/2021 A 4,450(4) 09/16/2022 09/16/2029 Common Stock ($1 par value) 4,450 (4) 4,450 D
Non-Qualified Stock Option (right to buy) $26.37(6) 12/01/2021 D 4,450 09/16/2022 09/16/2029 Common Stock ($1 par value) 4,450 (6) 0 D
Non-Qualified Stock Option (right to buy) $10.15(6) 12/01/2021 A 10,850(4) 08/24/2023 08/24/2030 Common Stock ($1 par value) 10,850 (4) 10,850 D
Non-Qualified Stock Option (right to buy) $10.15(6) 12/01/2021 D 10,850 08/24/2023 08/24/2030 Common Stock ($1 par value) 10,850 (6) 0 D
Stock Equivalent Units (3) 12/01/2021 A 780(4) (7) (7) Common Stock ($1 par value) 780 (4) 780 D
Stock Equivalent Units (3) 12/01/2021 D 780 (7) (7) Common Stock ($1 par value) 780 (3) 0 D
Explanation of Responses:
1. The Reporting Person received these shares in the previously announced spin-off of Meredith Corporation's digital and magazine segments and corporate operations (the "Spin-Off"), described in the issuer's Registration Statement on Form 10 filed with the Securities and Exchange Commission on November 9, 2021 (the "Form 10"). The Spin-Off involved the pro rata distribution of shares of the issuer by Meredith Corporation to its shareholders on a one-for-one basis and the Spin-Off was consummated on December 1, 2021. The Reporting Person's receipt of such shares in the Spin-Off was exempt from reporting pursuant to Rule 16a-9.
2. In connection with the closing of the previously announced acquisition of the issuer by Dotdash Media Inc. (the "Merger") and as described in the Current Report on Form 8-K filed by Meredith Corporation, which was previously the issuer's parent company, on October 6, 2021 (the "8-K"), each share of Common Stock was exchanged for $42.18 in cash per share.
3. In connection with the Merger and as described in the 8-K, these awards were canceled in exchange for $42.18 in cash per share.
4. In connection with the Spin-Off and as described in the Form 10, the Reporting Person received this award in partial consideration for the cancellation of an equity award of Meredith Corporation previously held by the Reporting Person.
5. Pursuant to their original terms, the Restricted Stock Units were convertible to Common Stock on a one-for-one basis upon the completion of a three-year vesting period.
6. In connection with the Merger and as described in the 8-K, this option was canceled in exchange for a cash amount equal to the excess, if any, of $42.18 per share less the exercise price.
7. 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 retirement from or termination of employment with the issuer.
Remarks:
/s/ Andrew Kane, by Power of Attorney for Steven M. Cappaert 12/03/2021
** Signature of Reporting Person Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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