SEC Form 4 · accession 0001209191-15-025035
E.W. SCRIPPS Co · SSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy M Wesolowski
Officer — SVP, CFO and Treasurer
Period of report
Mar 9, 2015
Accepted (ET)
Mar 11, 2015 · 12:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000832428
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 | Mar 9, 2015 | C | 15,615 | $24.11 | A | 68,908 | D | |
| Class A Common Shares, $.01 par value per share | Mar 9, 2015 | F | 5,144 | $24.11 | D | 63,764 | D | |
| Common Voting Shares, $.01 par value per share | holding | — | — | — | 0 | 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 Units | $24.11 | Mar 9, 2015 | C | 8,143 | D | Mar 15, 2013 | Mar 15, 2016 | Restricted Stock Units | 16,287 | 8,144 | D |
| Restricted Stock Units | $24.11 | Mar 9, 2015 | C | 4,662 | D | Mar 9, 2014 | Mar 9, 2017 | Restricted Stock Units | 13,287 | 9,325 | D |
| Restricted Stock Units | $24.11 | Mar 9, 2015 | C | 2,810 | D | Mar 9, 2015 | Mar 9, 2018 | Restricted Stock Units | 18,736 | 15,926 | D |
| Restricted Stock Units | $24.11 | Mar 9, 2015 | J | 7,494 | D | Mar 9, 2015 | Mar 9, 2018 | Restricted Stock Units | 15,926 | 8,432 | D |
| Restricted Stock UnitsF4 | — | holding | — | — | — | Sep 1, 2012 | Sep 1, 2015 | Restricted Stock Units | 6,242 | 6,242 | D |
Explanation of responses
- F1This transaction reflects the conversion of restricted stock units into Class A Common Shares.
- F2The terms of this long-term incentive award mandate that the Company withhold shares to satisfy the reporting person's tax obligation.
- F3Forty percent of the units awarded in 2014 were contingent on performance measures. Because the company did not meet these measures, the subject units did not vest and were forfeited under terms of the award.
- F4This restricted stock unit award will vest in 2015. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.