SEC Form 4 · accession 0001209191-15-082737
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
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 | Dec 1, 2015 | S | 100,000 | $56.8504 | D | 79,997 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Option | $66.71 | holding | — | — | — | May 12, 2016 | May 11, 2023 | Class A Common | 5,162 | 5,162 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Class A Common | 1,077 | 1,077 | D |
Explanation of responses
- F1Price reported is the average weighted price of shares sold. Shares were sold at varying prices in the range of $56.47- $57.35. 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 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, January 14, 2015, June 5, 2015 and October 1, 2015.