E.W. SCRIPPS Co 4
4 · E.W. SCRIPPS Co · Filed Apr 1, 2016
Insider Transaction Report
Form 4
QUIN J MARVIN
Director
Transactions
- Other
Phantom Stock
2016-03-31$15.59/sh+336.75$5,250→ 18,334.73 total→ Class A Common (336.75 underlying)
Holdings
- 54,235
Class A Common Shares, $.01 par value per share
- 0
Common Voting Shares, $.01 par value per share
- 2,244
Restricted Stock Units
From: 2016-05-04Exp: 2016-05-04→ Restricted Stock Units (2,244 underlying)
Footnotes (2)
- [F1]Pursuant 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.
- [F2]This 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.