E.W. SCRIPPS Co 4
4 · E.W. SCRIPPS Co · Filed Jul 1, 2016
Insider Transaction Report
Form 4
QUIN J MARVIN
Director
Transactions
- Other
Phantom Stock
2016-06-30$15.84/sh+344.07$5,450→ 18,678.8 total→ Class A Common (344.07 underlying)
Holdings
- 0
Common Voting Shares, $.01 par value per share
- 4,826
Restricted Stock Units
From: 2016-05-02Exp: 2017-05-02→ Restricted Stock Units (4,826 underlying) - 56,479
Class A Common Shares, $.01 par value per share
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 2017. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.