SEC Form 4 · accession 0001209191-16-117555
E.W. SCRIPPS Co · SSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Hayden
Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 6:46 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 | holding | — | — | — | 54,674 | 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 | — | May 2, 2016 | J | 4,826 | A | May 2, 2016 | May 2, 2017 | Restricted Stock Units | 4,826 | 4,826 | D |
| OptionF2 | $5.84 | holding | — | — | — | Aug 7, 2009 | Aug 6, 2018 | Class A Common | 118,094 | 118,094 | D |
| Phantom StockF3 | — | holding | — | — | — | — | — | Class A Common | 73,999 | 73,999 | D |
| Restricted Stock UnitsF4 | — | holding | — | — | — | May 4, 2016 | May 4, 2016 | Restricted Stock Units | 2,244 | 2,244 | D |
Explanation of responses
- F1This 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.
- F2Exercise price was adjusted on account of the spin-off of the issuer's newspaper business on April 1, 2015
- F3Pursuant to the company's 1997 Deferred Compensation and Stock Plan for Directors, directors may defer fees into a phantom stock fund. Under this plan, fees are allocated to a phantom shares account based on the fair market value of the company's Class A Common Shares on the last trading day of each preceding quarter. Balances are paid in either shares or cash at the time a director leaves the Board.
- F4This restricted stock unit award will vest in 2016. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.