SEC Form 4 · accession 0001209191-16-105118
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nello-John Pesci Jr.
Officer — EVP, Chief HR Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 1:56 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 | 513 | $0.00 | A | 4,075 | D | |
| Class A Common Shares, $.01 par value per share | Mar 1, 2016 | F | 136 | $61.26 | D | 3,939 | D | |
| Class A Common Shares, $.01 par value per share | Mar 1, 2016 | M | 804 | $0.00 | A | 4,743 | D | |
| Class A Common Shares, $.01 par value per share | Mar 1, 2016 | F | 217 | $61.26 | D | 4,526 | 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,F3 | — | Mar 1, 2016 | M | 513 | D | — | — | Class A Common | 1,026 | 513 | D |
| Restricted Stock UnitsF1,F6 | — | Mar 1, 2016 | M | 804 | D | — | — | Class A Common | 2,412 | 1,608 | D |
| Restricted Stock UnitsF1,F7 | — | Mar 1, 2016 | A | 3,074 | A | — | — | Class A Common | 3,074 | 3,074 | D |
| OptionF8 | $61.26 | Mar 1, 2016 | A | 22,026 | A | Mar 1, 2017 | Feb 29, 2024 | Class A Common | 22,026 | 22,026 | D |
| Option | $43.59 | holding | — | — | — | Feb 16, 2015 | Feb 15, 2020 | Class A Common | 998 | 998 | D |
| Option | $62.37 | holding | — | — | — | Feb 14, 2015 | Feb 13, 2021 | Class A Common | 1,684 | 1,684 | D |
| Restricted Stock UnitsF1,F2 | — | holding | — | — | — | — | — | Class A Common | 728 | 728 | D |
| Restricted Stock UnitsF1,F4 | — | holding | — | — | — | — | — | Class A Common | 2,180 | 2,180 | D |
| Restricted Stock UnitsF1,F5 | — | holding | — | — | — | — | — | Class A Common | 155 | 155 | D |
| Option | $72.30 | holding | — | — | — | Mar 1, 2016 | Feb 28, 2023 | Class A Common | 14,837 | 14,837 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one SNI Class A Common Share.
- F2The restricted stock units vest on 12/31/16.
- F3As 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.
- F4The restricted stock units vest equally on 6/1/16 and 6/1/17.
- F5The restricted stock units vest on 2/27/16.
- F6As 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.
- F7The restricted stock units vest in equal installments on 3/1/17, 3/1/18 and 3/1/19.
- F8This option is exercisable in equal installments on 3/1/17, 3/1/18 and 3/1/19.