SEC Form 4 · accession 0001209191-16-119937
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas B Paumgarten
Director
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 4:18 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 share | May 12, 2016 | M | 1,077 | $0.00 | A | 24,483 | D | |
| Class A Common Shares, $.01 par value per share | holding | — | — | — | 1,700 | I | By wife | |
| 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 UnitsF2,F3 | — | May 12, 2016 | M | 1,077 | D | — | — | Class A Common | 1,077 | 0 | D |
| Option | $64.70 | May 11, 2016 | A | 1,159 | A | May 11, 2017 | May 10, 2024 | Class A Common | 1,159 | 1,159 | D |
| Restricted Stock UnitF2,F4 | — | May 11, 2016 | A | 1,159 | A | — | — | Class A Common | 1,159 | 1,159 | D |
| Option | $40.42 | holding | — | — | — | Apr 26, 2008 | Apr 25, 2017 | Class A Common | 10,710 | 10,710 | D |
| Option | $43.41 | holding | — | — | — | Jun 13, 2009 | Jun 12, 2018 | Class A Common | 10,710 | 10,710 | D |
| Phantom StockF1 | $65.50 | holding | — | — | — | — | — | Class A Common | 17,470 | 17,470 | 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 |
Explanation of responses
- F1Pursuant to the company's 2008 Deferred Compensation and Stock Plan for Directors, directors may defer fees into a phantom stock fund. Under this plan, fees are converted quarterly into phantom shares at the fair market value of the company's Class A Common shares on the last trading day of each quarter. Upon retirement as a director or at another specified date, the balance may be paid in either shares or cash. The balance at 3/31/16 was 17,470.20 phantom shares.
- 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 5/12/16 and were paid out in Class A Common Shares.
- F4The restricted stock units are payable within 30 days after 5/11/17.