SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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April 4, 2002
Date of Report (Date of Earliest Event Reported)
PRIMEDIA INC.
(Exact Name of Registrant as Specified in Charter)
DELAWARE 1-11106 13-3647573
(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation or Organization) Identification No.)
745 Fifth Avenue
New York, New York 10151
(Address of Principal Executive Office) (Zip Code)
(212) 745-0100
(Registrant's Telephone Number, Including Area Code)
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS
On December 19, 2001, the Board of Directors of PRIMEDIA, Inc. ("the
Company") authorized the repurchase of up to $100 million of the outstanding
shares of Exchangeable Preferred Stock of the Company, the purchase price of
which is to be paid in common stock of the Company.
Through April 3, 2002, the Company has exchanged an aggregate of 206,672
shares of the Company's $9.20 Series F Exchangeable Preferred Stock, 145,133
shares of the Company's $10 Series D Exchangeable Preferred Stock, and 268,859
shares of the Company's $8.625 Series H Exchangeable Preferred Stock for a
total of 11,758,797 shares of common stock of the Company, pursuant to Section
3(a)(9) of the Securities Act of 1933, as amended.
Further exchanges under the authorized program may be effected in
either the open market or in privately negotiated transactions, and will
depend on market conditions and other relevant factors which the Company may
take into consideration.
ITEM 7. EXHIBITS
None.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PRIMEDIA INC.
By: /s/ Beverly C. Chell
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Name: Beverly C. Chell
Title: Vice Chairman and Secretary
April 4, 2002
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