SEC Form 4 · accession 0001209191-18-015470
Scripps Networks Interactive, Inc. · SNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia L Gibson
Officer — EVP and CLO
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 2:34 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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common Shares, $.01 par value per share | Feb 28, 2018 | M | 1,089 | $0.00 | A | 23,221 | D | |
| Class A Common Shares, $.01 par value per share | Feb 28, 2018 | F | 424 | $89.86 | D | 22,797 | D | |
| Class A Common Shares, $.01 par value per share | Feb 28, 2018 | M | 1,388 | $0.00 | A | 24,185 | D | |
| Class A Common Shares, $.01 par value per share | Feb 28, 2018 | F | 547 | $89.86 | D | 23,638 | D | |
| Class A Common Shares, $.01 par value per share | Feb 28, 2018 | M | 1,250 | $0.00 | A | 24,888 | D | |
| Class A Common Shares, $.01 par value per share | Feb 28, 2018 | F | 492 | $89.86 | D | 24,396 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF1,F2 | — | Feb 28, 2018 | A | 5,775 | A | — | — | Class A Common | 5,575 | 5,575 | D |
| Restricted Stock UnitF1,F3 | — | Feb 28, 2018 | M | 1,089 | D | — | — | Class A Common | 1,089 | 0 | D |
| Restricted Stock UnitF1,F4 | — | Feb 28, 2018 | M | 1,388 | D | — | — | Class A Common | 2,775 | 1,387 | D |
| Restricted Stock UnitF1,F5 | — | Feb 28, 2018 | M | 1,250 | D | — | — | Class A Common | 3,750 | 2,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one SNI Class A Common Share.
- F250% of the restricted stock units vested on 2/28/18 and the other 50% vest on 2/28/19.
- F3As reported hereon, the restricted stock units vested on 2/28/18 and were paid out in Class A Common Shares.
- F4As reported hereon, 50% of the restricted stock units vested on 2/28/18 and were paid out in Class A Common Shares and the remainder vest on 3/1/19.
- F5As reported hereon, 1/3 of the restricted stock units vested on 2/28/18 and were paid out in Class A Common Shares and the remainder vest in equal installments on 3/1/19 and 3/1/20.