SEC Form 4 · accession 0001209191-16-107789
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, 2016
Accepted (ET)
Mar 11, 2016 · 3:28 pm EST
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, 2016 | C | 22,061 | $18.05 | A | 75,403 | D | |
| Class A Common Shares, $.01 par value per share | Mar 9, 2016 | F | 7,272 | $18.05 | D | 68,131 | 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 UnitsF1 | — | Mar 9, 2016 | C | 7,397 | D | Mar 15, 2013 | Mar 15, 2016 | Restricted Stock Units | 7,397 | 1,849 | D |
| Restricted Stock UnitsF1 | — | Mar 9, 2016 | C | 1,849 | D | Mar 15, 2013 | Mar 15, 2016 | Restricted Stock Units | 1,849 | 0 | D |
| Restricted Stock UnitsF3 | — | Mar 9, 2016 | C | 5,294 | D | Mar 9, 2014 | Mar 9, 2017 | Restricted Stock Units | 5,294 | 5,294 | D |
| Restricted Stock UnitsF4 | — | Mar 9, 2016 | C | 3,191 | D | Mar 9, 2015 | Mar 9, 2018 | Restricted Stock Units | 3,191 | 6,383 | D |
| Restricted Stock UnitsF5 | — | Mar 9, 2016 | C | 4,330 | D | Mar 9, 2016 | Mar 9, 2019 | Restricted Stock Units | 4,330 | 12,993 | 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.
- F3This restricted stock unit award will vest in 2017. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
- F4This restricted stock unit award will vest in equal parts in 2017 and 2018. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
- F5This restricted stock unit award will vest in equal parts in 2017, 2018 and 2019. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.