SEC Form 4 · accession 0001209191-17-031855
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Peirce
Director · 10% Owner
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 3:28 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 11, 2017 | M | 1,159 | $0.00 | A | 183,451 | D | |
| Common Voting Shares, $.01 par value per share | holding | — | — | — | 800,000 | 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 10, 2017 | A | 1,949 | A | — | — | Class A Common | 1,949 | 1,949 | D |
| Restricted Stock UnitsF1,F3 | — | May 11, 2017 | M | 1,159 | D | — | — | Class A Common | 1,159 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one SNI Class A Common Share.
- F2The restricted stock units are payable within 30 days after 5/10/18.
- F3As reported hereon, the restricted stock units vested on 5/11/17 and were paid out in Class A Common Shares.
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, as amended on March 29, 2017, 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 April 7, 2017.