SEC Form 4 · accession 0001209191-17-019740
E.W. SCRIPPS Co · SSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth A Logan
10% Owner
Period of report
Mar 8, 2017
Accepted (ET)
Mar 9, 2017 · 9:25 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 shareF2 | Mar 8, 2017 | J | 326,832 | $23.01 | D | 0 | I | By GRAT |
| Class A Common Shares, $.01 par value per share | Mar 8, 2017 | J | 326,832 | $23.01 | A | 326,832 | D | |
| Common Voting Shares, $.01 par value per shareF4 | Mar 8, 2017 | J | 267,331 | $23.01 | D | 0 | I | By GRAT |
| Common Voting Shares, $.01 par value per share | Mar 8, 2017 | J | 267,331 | $23.01 | A | 267,331 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 8, 2017, the reporting person exchanged assets of equal value for 326,832 Class A Common Shares, which were valued based on the average of the high and low market price of the Class A Common Shares on such date, with two grantor retained annuity trusts of which the reporting person is trustee. As a result, these Class A Common Shares are again directly owned by the reporting person.
- F2These shares were previously reported as directly beneficially owned, but were contributed on September 4, 2015, and September 9, 2016, to two grantor retained annuity trusts of which the reporting person is trustee.
- F3On March 8, 2017, the reporting person exchanged assets of equal value for 267,331 Common Voting Shares, which were valued based on the average of the high and low market price of the Class A Common Shares on such date, with a grantor retained annuity trust of which the reporting person is trustee. As a result, these Common Voting Shares are again directly owned by the reporting person.
- F4These shares were previously reported as directly beneficially owned, but were contributed on September 9, 2016, to a grantor retained annuity trust of which the reporting person is trustee.
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.