SEC Form 4 · accession 0001209191-16-110397
E.W. SCRIPPS Co · SSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Paul K Scripps
10% Owner
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 2:18 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 22, 2016 | M | 10,661 | $8.78 | A | 10,661 | D | |
| Class A Common Shares, $.01 par value per shareF1 | Mar 22, 2016 | S | 5,695 | $16.8014 | D | 4,966 | D | |
| Class A Common Shares, $.01 par value per shareF2 | holding | — | — | — | 65,103 | I | By trust | |
| Common Voting Shares, $.01 par value per shareF3 | holding | — | — | — | 232,678 | I | As Co-Trustee | |
| Common Voting Shares, $.01 par value per shareF4 | holding | — | — | — | 232,678 | I | As Co-Trustee | |
| Common Voting Shares, $.01 par value per shareF5 | holding | — | — | — | 232,678 | I | As Co-Trustee | |
| Common Voting Shares, $.01 par value per shareF6 | holding | — | — | — | 32,921 | I | As Co-Trustee | |
| Common Voting Shares, $.01 par value per shareF7 | holding | — | — | — | 22,520 | I | As Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option | $8.78 | Mar 22, 2016 | M | 10,661 | D | May 4, 2007 | May 3, 2016 | Class A Common Shares | 10,661 | 0 | D |
| Option | $8.14 | holding | — | — | — | Apr 26, 2008 | Apr 25, 2017 | Class A Common Shares | 10,661 | 10,661 | D |
| Option | $8.75 | holding | — | — | — | Jun 13, 2009 | Jun 12, 2018 | Class A Common Shares | 53,310 | 53,310 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.78 to $16.84, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes to this Form 4.
- F2These shares are owned directly by The Paul K. Scripps Family 1994 Revocable Trust dated 2/7/1994 and indirectly by Paul K. Scripps, the Trustee of The Paul K. Scripps Family 1994 Revocable Trust dated 2/7/1994.
- F3These shares are owned directly by the John P. Scripps Trust FBO Barbara Scripps Evans U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust FBO Barbara Scripps Evans U/A dated 2/10/77.
- F4These shares are owned directly by the John P. Scripps Trust FBO Paul K. Scripps U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust FBO Paul K. Scripps U/A dated 2/10/77.
- F5These shares are owned directly by the John P. Scripps Trust FBO Peter M. Scripps U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust FBO Peter M. Scripps U/A dated 2/10/77.
- F6These shares are owned directly by the John P. Scripps Trust FBO Exempt Trust U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust Exempt Trust U/A dated 2/10/77.
- F7These shares are owned directly by the John P. Scripps Trust FBO Ellen McRae Scripps U/A dated 12/28/1984 and indirectly by Paul K. Scripps, the Trustee of the John P. Scripps Trust FBO Ellen McRae Scripps U/A dated 12/28/1984.
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, to which the reporting person is a party. The reporting person filed a Schedule 13D with the Commission on January 24, 2013, as amended March 18, 2013, September 20, 2013, August 5, 2014, and June 5, 2015.