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The third time was the charm for Meryl Streep, who took home Oscar No. 3 Sunday at the Academy Awards for her portrayal of Margaret Thatcher in The Iron Lady.

The actress, 62, who has been nominated a whopping 17 times, received her last Oscar in 1982 for Sophie’s Choice and her first in 1979 for Kramer Vs. Kramer.

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Like the iconic British prime minster, who is mom to twins Mark and Carol, Best Actress winner Meryl has parented throughout her career.

How did she relate to her as a mom?

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“Well, I have an inkling of the size of the day that she fulfilled,” Meryl tells me. “I looked at her daily calendar, and I tried to imagine that. I’m a mother, and I work in spurts throughout my career, so I’d work for four or five months, and then not, so I was home a lot. So I tried to imagine 11 ½ years of this kind of… she was unhappy if there were ten minutes of free time anywhere in her day. That was wasted. Wasted time. I imagined trying to be in the lives of your children to the degree that I try to be in their lives [laughs], and I think it would have been very difficult.”

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Kids Henry, 32, Mamie, 28, Grace, 25, and Louisa, 20, have been lucky that their famous mom and dad Don Gummer, have been so hands-on.

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In fact, Meryl's kids played a role in her encounter with Margaret, who is the longest-serving prime minister of the 20th century — and only female to ever hold the post.
“I did not meet her, but I did see her once at my daughter’s university, at Northwestern, we went to see her lecture, and that made an indelible impression on me in 2001 or 2002. I can’t remember!”

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