Scripps Networks Interactive, Inc. 4
4 · Scripps Networks Interactive, Inc. · Filed Oct 4, 2016
Insider Transaction Report
Form 4
PAUMGARTEN NICHOLAS B
Director
Transactions
- Award
Phantom Stock
2016-09-30+377.43→ 18,230.92 totalExercise: $63.49→ Class A Common (377.43 underlying)
Holdings
- 1,700(indirect: By Spouse)
Class A Common Shares, $.01 par value per share
- 0
Common Voting Shares, $.01 par value per share
- 24,483
Class A Common Shares, $.01 par value per share
Footnotes (1)
- [F1]Pursuant to the company's 2008 Deferred Compensation and Stock Plan for Directors, directors may defer fees into a phantom stock fund. Under this plan, fees are converted quarterly into phantom shares at the fair market value of the company's Class A Common shares on the last trading day of each quarter. Upon retirement as a director or at another specified date, the balance may be paid in either shares or cash. The balance at 9/30/16 was 18,230.92 phantom shares.