SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
---------------
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 11 )*
MEREDITH CORPORATION
(Name of Issuer)
CLASS B COMMON STOCK, PAR VALUE $1.00 PER SHARE
(Title of Class of Securities)
589433200
(CUSIP Number)
---------------
Check the following box if a fee is being paid with this statement / /. (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>
CUSIP No. 589433200 13G Page 2 of 6 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Patrick Henry, Jr.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / X /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 1,424,880
WITH
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
1,424,880
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,424,880
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
/ /
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.87%
12 TYPE OF REPORTING PERSON
IN
<PAGE>
SCHEDULE 13G Page 3 of 6
CUSIP No. 589433200 MEREDITH CORPORATION
Item 1.
(a) Name of Issuer: Meredith Corporation
(b) Address of Issuer's Principal Executive Offices:
1716 Locust Street, Des Moines, Iowa 50309-3023
Item 2.
(a) Name of Person Filing: Patrick Henry, Jr.
(b) Address of Principal Business Office:
Patrick Henry, Jr.
7852 Snowmass Creek Road
Snowmass, Colorado 81654
(c) Citizenship: U.S.A.
(d) Title of Class of Securities:
Class B Common Stock, par value of $1.00 per share
(e) CUSIP Number: 589433200
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) Broker or Dealer registered under Section 15 of the Act
----
(b) Bank as defined in section 3(a)(6) of the Act
----
(c) Insurance Company as defined in section 3(a)(19) of the Act
----
(d) Investment Company registered under section 8 of the
---- Investment Company Act
(e) Investment Adviser registered under section 203 of the
---- Investment Advisers Act of 1940
(f) Employee Benefit Plan, Pension Fund which is subject to the
---- provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see section 240.13d-1(b)(ii)(F)
(g) Parent Holding Company, in accordance with section
---- 240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) Group, in accordance with section 240.13d-1(b)(1)(ii)(H)
----
Item 3 Not Applicable
<PAGE>
SCHEDULE 13G Page 4 of 6
CUSIP No. 589433200 MEREDITH CORPORATION
Item 4. Ownership (See Attachment 1)
(a) Amount Beneficially Owned: 1,424,880
(b) Percent of Class: 11.87%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 1,424,880
(iii) sole power to dispose or to direct the
disposition of: 0
(iv) shared power to dispose or to direct
the disposition of: 1,424,880
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person: (See
Attachment 1)
Norwest Bank Iowa, N.A., Clive, Iowa (prior to April 1983, this bank
was known as Iowa-Des Moines National Bank) has the right as trustee
of various trusts to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of, certain of the
shares of Meredith Corporation Class B Common Stock referred to
above.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable.
<PAGE>
SCHEDULE 13G Page 5 of 6
CUSIP No. 589433200 MEREDITH CORPORATION
ATTACHMENT 1 TO SCHEDULE 13G
Shares of Class B Common Stock included in the above calculations were
received on December 23, 1986 as a stock dividend in a distribution of one share
per one share of Class A Common Stock, owned of record as of December 16, 1986.
Each share of Class B Common Stock is convertible into one share of Class A
Common Stock at the option of the shareholder or automatically upon sale. Each
share of Class B Common Stock receives ten votes per share as compared to one
vote per share for each share of Class A Common Stock. On March 16, 1995 and
March 17, 1997, the Company declared a two-for-one stock split of the Class B
Common Stock.
<PAGE>
SCHEDULE 13G Page 6 of 6
CUSIP No. 589433200 MEREDITH CORPORATION
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
FEBRUARY 17, 1998
Date
/S/ PATRICK HENRY, JR.
---------------------------------------
Signature Patrick Henry, Jr.
PATRICK HENRY, JR.
Name
