Scripps Networks Interactive, Inc. 4
4 · Scripps Networks Interactive, Inc. · Filed Jan 3, 2017
Insider Transaction Report
Form 4
GALLOWAY DAVID A
Director
Transactions
- Award
Phantom Stock
2016-12-31+366.27→ 24,929.95 totalExercise: $71.37→ Class A Common (366.27 underlying)
Holdings
- 0
Common Voting Shares, $.01 par value per share
- 2,000(indirect: By 2155499 Ontario, Inc.)
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 12/31/16 was 24,929.95 phantom shares.