SEC Form 4 · accession 0001209191-16-119965
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 share | May 12, 2016 | M | 1,077 | $0.00 | A | 2,276 | D | |
| Common Voting Shares, $.01 par value per share | holding | — | — | — | 100 | 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 | — | 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 UnitF1,F3 | — | May 11, 2016 | A | 1,159 | A | — | — | Class A Common | 1,159 | 1,159 | 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
- F1Each restricted stock unit represents a contingent right to receive one SNI Class A Common Share.
- F2As reported hereon, the restricted stock units vested on 5/12/16 and were paid out in Class A Common Shares.
- F3The restricted stock units are payable within 30 days after 5/11/17.
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, October 1, 2015 and December 31, 2015.