SEC Form 4 · accession 0001209191-16-105060
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lori A Hickok
Officer — EVP, CFO
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 12:03 pm EST
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 | Mar 1, 2016 | M | 831 | $0.00 | A | 15,922 | D | |
| Class A Common Shares, $.01 par value per share | Mar 1, 2016 | F | 228 | $61.26 | D | 15,694 | D | |
| Class A Common Shares, $.01 par value per share | Mar 1, 2016 | M | 1,167 | $0.00 | A | 16,861 | D | |
| Class A Common Shares, $.01 par value per share | Mar 1, 2016 | F | 320 | $61.26 | D | 16,541 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 1, 2016 | M | 831 | D | — | — | Class A Common | 1,662 | 831 | D |
| Restricted Stock UnitsF1,F4 | — | Mar 1, 2016 | M | 1,167 | D | — | — | Class A Common | 3,501 | 2,334 | D |
| Restricted Stock UnitsF1,F6 | — | Mar 1, 2016 | A | 4,744 | A | — | — | Class A Common | 4,744 | 4,744 | D |
| OptionF7 | $61.26 | Mar 1, 2016 | A | 33,991 | A | Mar 1, 2017 | Feb 29, 2024 | Class A Common | 33,991 | 33,991 | D |
| Option | $53.17 | holding | — | — | — | Feb 17, 2012 | Feb 16, 2019 | Class A Common | 13,482 | 13,482 | D |
| Option | $43.59 | holding | — | — | — | Feb 16, 2013 | Feb 15, 2020 | Class A Common | 16,448 | 16,448 | D |
| Option | $62.37 | holding | — | — | — | Feb 14, 2014 | Feb 13, 2021 | Class A Common | 13,417 | 13,417 | D |
| Option | $81.24 | holding | — | — | — | Mar 1, 2015 | Feb 28, 2022 | Class A Common | 13,860 | 13,860 | D |
| Restricted Stock UnitsF1,F3 | — | holding | — | — | — | — | — | Class A Common | 825 | 825 | D |
| Option | $72.30 | holding | — | — | — | Mar 1, 2016 | Feb 28, 2023 | Class A Common | 21,538 | 21,538 | D |
| Restricted Stock UnitsF1,F5 | — | holding | — | — | — | — | — | Class A Common | 9,220 | 9,220 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one SNI Class A Common Share.
- F2As reported hereon, 50% of the restricted stock units vested on 3/1/16 and were paid out in Class A Common Shares and the remainder vest on 3/1/17.
- F3The restricted stock units vest on 2/27/16.
- F4As reported hereon,1/3 of the restricted stock units vested on 3/1/16 and were paid out in Class A Common Shares and the remainder vest equally on 3/1/17 and 3/1/18.
- F5The restricted stock units vest equally on 12/31/16 and 12/31/17.
- F6The restricted stock units vest in equal installments on 3/1/17, 3/1/18 and 3/1/19.
- F7This option is exercisable in equal installments on 3/1/17, 3/1/18 and 3/1/19.