SEC Form 4 · accession 0001209191-15-071970
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph G Necastro
Officer — Chief Development Officer
Period of report
Sep 22, 2015
Accepted (ET)
Sep 23, 2015 · 3:56 pm 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 shareF1 | Sep 22, 2015 | S | 20,000 | $51.6759 | D | 14,706 | D | |
| Common Voting Shares, $.01 par value per share | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option | $53.17 | holding | — | — | — | Feb 17, 2012 | Feb 16, 2019 | Class A Common | 37,148 | 37,148 | D |
| Option | $43.59 | holding | — | — | — | Feb 16, 2013 | Feb 15, 2020 | Class A Common | 45,153 | 45,153 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Class A Common | 6,746 | 6,746 | D |
| Option | $62.37 | holding | — | — | — | Feb 14, 2014 | Feb 13, 2021 | Class A Common | 37,240 | 37,240 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | — | — | Class A Common | 2,725 | 2,725 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Class A Common | 45,692 | 45,692 | D |
| Option | $81.24 | holding | — | — | — | Mar 1, 2015 | Feb 28, 2022 | Class A Common | 35,934 | 35,934 | D |
| Restricted Stock UnitsF2,F5 | — | holding | — | — | — | — | — | Class A Common | 4,308 | 4,308 | D |
| Restricted Stock UnitsF2,F6 | — | holding | — | — | — | — | — | Class A Common | 2,289 | 2,289 | D |
| Option | $72.30 | holding | — | — | — | Mar 1, 2016 | Feb 28, 2023 | Class A Common | 46,152 | 46,152 | D |
| Restricted Stock UnitsF2,F7 | — | holding | — | — | — | — | — | Class A Common | 7,502 | 7,502 | D |
Explanation of responses
- F1Price reported is the average weighted issued price of shares sold. Shares were sold at varying prices in the range of $51.19 - $51.97. 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.
- F3The restricted stock units vest on 12/31/16.
- F4The restricted stock units vest on 2/14/16.
- F5The restricted stock units vest equally on 3/1/16 and 3/1/17.
- F6The restricted stock units vest on 2/27/16.
- F7The restricted stock units vest in equal installments on 3/1/16, 3/1/17 and 3/1/18.