SEC Form 4 · accession 0001209191-15-042597
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Peirce
Director · 10% Owner
Period of report
May 12, 2015
Accepted (ET)
May 14, 2015 · 10:24 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001430602
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Shares, $.01 par value per share | May 13, 2015 | M | 999 | $0.00 | A | 87,289 | D | |
| Class A Common Shares, $.01 par value per shareF1 | May 13, 2015 | S | 47,980 | $66.4146 | D | 39,309 | D | |
| Common Voting Shares, $.01 par value per share | holding | — | — | — | 800,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | May 13, 2015 | M | 999 | D | — | — | Class A Common | 999 | 0 | D |
| Option | $66.71 | May 12, 2015 | A | 5,162 | A | May 12, 2016 | May 11, 2023 | Class A Common | 5,162 | 5,162 | D |
| Restricted Stock UnitsF2,F4 | — | May 12, 2015 | A | 1,077 | A | — | — | Class A Common | 1,077 | 1,077 | D |
| Option | $27.01 | holding | — | — | — | Apr 29, 2010 | Apr 28, 2019 | Class A Common | 14,571 | 14,571 | D |
| Option | $44.10 | holding | — | — | — | Apr 28, 2011 | Apr 27, 2018 | Class A Common | 5,231 | 5,231 | D |
| Option | $51.76 | holding | — | — | — | May 18, 2012 | May 17, 2019 | Class A Common | 4,294 | 4,294 | D |
| Option | $53.38 | holding | — | — | — | May 15, 2013 | May 14, 2020 | Class A Common | 5,096 | 5,096 | D |
| Option | $68.14 | holding | — | — | — | May 14, 2014 | May 13, 2021 | Class A Common | 3,837 | 3,837 | D |
| Option | $75.16 | holding | — | — | — | May 13, 2015 | May 12, 2022 | Class A Common | 4,376 | 4,376 | D |
Explanation of responses
- F1Price reported is the average weighted price of shares sold. Shares were sold at varying prices in the range of $66.19 - $66.875. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F2Each restricted stock unit represents a contingent right to receive one SNI Class A Common Share.
- F3As reported hereon, the restricted stock units vested on 5/13/15 and were paid out in Class A Common Shares.
- F4The restricted stock units are payable within 30 days after 5/12/16.
Remarks
The reporting person may be deemed to have shared voting power with respect to more than 10% of the Class A Common Shares of the Issuer (due solely to the convertibility of Common Voting Shares of the Company into Class A Common Shares on a share-for-share basis) due to the voting provisions of the Scripps Family Agreement dated October 15, 1992, as amended, to which the reporting person is a party. The reporting person filed a Schedule 13D with the Commission on January 24, 2013, as amended March 18, 2013, September 20, 2013, April 1, 2014, July 7, 2014, October 10, 2014 and January 14,2015.