Scripps Networks Interactive, Inc. 4
4 · Scripps Networks Interactive, Inc. · Filed Sep 19, 2016
Insider Transaction Report
Form 4
Heidt Julia Scripps
10% Owner
Transactions
- Sale
Class A Common Shares, $.01 par value per share
2016-09-16$60.38/sh−135,053$8,154,487→ 73,713 total - Sale
Class A Common Shares, $.01 par value per share
2016-09-16$60.93/sh−17,810$1,085,121→ 208,766 total
Holdings
- 630,134
Common Voting Shares, $.01 par value per share
- 171,863(indirect: By GRATs)
Common Voting Shares, $.01 par value per share
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.86 to $60.98, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.86 to $60.85, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.
- [F3]111,049 of these shares were previously reported as indirectly beneficially owned through a grantor-retained annuity trust ("GRAT"), but on September 4, 2016 such shares were delivered to the reporting person in satisfaction of the GRAT's annuity obligations. As a result, these Common Voting Shares are again directly owned by the reporting person (as reflected in the holdings reported in the reporting person's Form 4 filed on September 14, 2016).