SEC Form 4 · accession 0001209191-17-023189
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Paul K Scripps
10% Owner
Period of report
Feb 24, 2017
Accepted (ET)
Mar 28, 2017 · 6:19 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 | Feb 24, 2017 | M | 8,568 | $40.42 | A | 8,568 | D | |
| Class A Common Shares, $.01 par value per share | Feb 24, 2017 | S | 4,377 | $80.7908 | D | 4,191 | D | |
| Class A Common Shares, $.01 par value per shareF1 | holding | — | — | — | 14,078 | I | As Trustee | |
| Common Voting Shares, $.01 par value per shareF2 | holding | — | — | — | 349,018 | I | As Co-Trustee | |
| Common Voting Shares, $.01 par value per shareF3 | holding | — | — | — | 349,018 | I | As Co-Trustee | |
| Common Voting Shares, $.01 par value per shareF4 | holding | — | — | — | 349,018 | I | As Co-Trustee | |
| Common Voting Shares, $.01 par value per shareF5 | holding | — | — | — | 49,382 | I | As Co-Trustee | |
| Common Voting Shares, $.01 par value per shareF6 | holding | — | — | — | 33,780 | I | As Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option | $40.42 | Feb 24, 2017 | M | 8,568 | D | Apr 26, 2008 | Apr 25, 2017 | Class A Common Shares | 8,568 | 0 | D |
Explanation of responses
- F1These shares are owned directly by The Paul K. Scripps Family 1994 Revocable Trust dated 2/7/1994 and indirectly by Paul K. Scripps, the Trustee of The Paul K. Scripps Family 1994 Revocable Trust dated 2/7/1994.
- F2These shares are owned directly by the John P. Scripps Trust FBO Barbara Scripps Evans U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust FBO Barbara Scripps Evans U/A dated 2/10/77.
- F3These shares are owned directly by the John P. Scripps Trust FBO Paul K. Scripps U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust FBO Paul K. Scripps U/A dated 2/10/77.
- F4These shares are owned directly by the John P. Scripps Trust FBO Peter M. Scripps U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust FBO Peter M. Scripps U/A dated 2/10/77.
- F5These shares are owned directly by the John P. Scripps Trust FBO Exempt Trust U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust Exempt Trust U/A dated 2/10/77.
- F6These shares are owned directly by the John P. Scripps Trust FBO Ellen McRae Scripps U/A dated 12/28/1984 and indirectly by Paul K. Scripps, the Trustee of the John P. Scripps Trust FBO Ellen McRae Scripps U/A dated 12/28/1984.
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 Amended and Restated Scripps Family Agreement dated May 19, 2015, to which the reporting person is a party. The reporting person filed a Schedule 13D with the Commission on January 24, 2013, as last amended on January 4, 2017.