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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MEADWESTVACO Corp [ MWV ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/25/2009 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 02/23/2009 | M | 33,134(4) | A | $0 | 228,406 | D | |||
Common Stock | 2,367(1) | I | Spouse | |||||||
Common Stock | 11,674(1) | I | Co-Trustee Daughter | |||||||
Common Stock | 7,971(1) | I | Co-Trustee Daughter | |||||||
Common Stock | 7,409(1) | I | Co-Trustee Son | |||||||
Common Stock | 33,684 | I | Employee Stock Plan | |||||||
Common Stock | 83,929(2) | I | Deferred Income Plan |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | ||||||||
Non-Qualified Stock Option | $9.08 | 02/23/2009(3) | A | 767,130 | (3) | 02/23/2019 | Common Stock | 767,130 | $0 | 767,130 | D | ||||
Restricted Stock Units | $9.08 | 02/23/2009(5) | A | 65,170 | (5) | (5) | Common Stock | 65,170 | $0 | 65,170 | D |
Explanation of Responses: |
1. Total includes dividends accumulated in 2008. |
2. Share amount indicated represents an estimation of the reporting person's interest in MeadWestvaco's Deferred Income Plan. This plan holds no actual shares but the accrual of benefits mirrors the MeadWestvaco Savings and Investment Plan for Salaried Employees |
3. Grant of employee stock option under the MeadWestvaco 2005 Performance Incentive Plan. The option vests in 3 equal installments beginning on grant date. |
4. Performance-based restricted stock units which were granted on February 27, 2006 under the MeadWestvaco 2005 Performance Incentive Plan, were approved for payout as shares based on the achievement of designated objectives. |
5. Grant of time-based restricted stock units under the MeadWestvaco 2005 Performance Incentive Plan which vests three-years after the grant. |
Remarks: |
John J. Carrara/POA/dated 8/28/02 | 02/25/2009 | |
** 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 Number. |