SEC Form 4 · accession 0001209191-17-066321
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nackey E Scagliotti
10% Owner
Period of report
Dec 14, 2017
Accepted (ET)
Dec 19, 2017 · 4:14 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 |
|---|---|---|---|---|---|---|---|---|
| Common Voting Shares, $.01 par value per share | Dec 14, 2017 | G | 109,740 | $0.00 | A | 612,783 | D | |
| Common Voting Shares, $.01 par value per share | Dec 14, 2017 | G | 109,740 | $0.00 | D | 77,104 | I | By GRAT |
| Common Voting Shares, $.01 par value per share | Dec 14, 2017 | G | 77,104 | $0.00 | D | 0 | I | By GRAT |
| Class A Common Shares, $.01 par value per share | holding | — | — | — | 682,328 | D | ||
| Class A Common Shares, $.01 par value per share | holding | — | — | — | 104,502 | I | By GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option | $27.01 | holding | — | — | — | Apr 29, 2010 | Apr 28, 2019 | Class A Common Shares | 14,571 | 14,571 | D |
| Option | $44.10 | holding | — | — | — | Apr 28, 2011 | Apr 27, 2018 | Class A Common Shares | 5,231 | 5,231 | D |
| Option | $51.76 | holding | — | — | — | May 18, 2012 | May 17, 2019 | Class A Common Shares | 4,294 | 4,294 | D |
| Option | $53.38 | holding | — | — | — | May 15, 2013 | May 14, 2020 | Class A Common Shares | 5,096 | 5,096 | D |
| Option | $68.14 | holding | — | — | — | May 14, 2014 | May 13, 2021 | Class A Common Shares | 3,837 | 3,837 | D |
| Option | $75.16 | holding | — | — | — | May 13, 2015 | May 12, 2022 | Class A Common Shares | 4,376 | 4,376 | D |
Explanation of responses
- F1This transaction reflects the reacquisition of securities from a grantor-retained annuity trust ("GRAT"), of which the reporting person is trustee, in satisfaction of that GRAT's annuity obligations.
- F2This transaction reflects the transfer of securities to the remainder beneficiary of the GRAT in satisfaction of the GRAT's obligations upon its termination.
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 August 1, 2017.