SEC Form 4/A · accession 0001209191-16-154273
E.W. SCRIPPS Co · SSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Nackey E Scagliotti
10% Owner
Period of report
Dec 6, 2016
Accepted (ET)
Dec 9, 2016 · 9:03 am 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 |
|---|---|---|---|---|---|---|---|---|
| Common Voting Shares, $.01 par value per share | Dec 6, 2016 | G | 79,709 | $0.00 | A | 79,709 | D | |
| Common Voting Shares, $.01 par value per shareF1 | Dec 6, 2016 | G | 79,709 | $0.00 | D | 86,574 | I | By GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This amendment is being filed to correct the reported transaction, which was an annuity payment transferred for no consideration rather than an exchange of assets. On August 31, 2015, the reporting person contributed 166,283 Common Voting Shares to a grantor-retained annuity trust ("GRAT") of which the reporting person is trustee. On December 6, 2016, the GRAT delivered 79,709 Common Voting Shares to the reporting person in satisfaction of the GRAT's annuity obligations. As a result, such shares are again directly owned by the reporting person. On the reporting person's Forms 4 filed on March 9, 2016 and September 3, 2015, the shares held by the GRAT were incorrectly shown as directly rather than indirectly held.
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 last amended on June 5, 2015.