E.W. SCRIPPS Co 4
4 · E.W. SCRIPPS Co · Filed Mar 3, 2017
Insider Transaction Report
Form 4
SCRIPPS EDWARD W
10% Owner
Transactions
- Exercise/Conversion
Class A Common Shares, $.01 par value per share
2017-03-01$8.14/sh+10,661$86,781→ 10,661 total - Other
Class A Common Shares, $.01 par value per share
2017-03-01$23.64/sh+662,593$15,663,699→ 673,254 total - Other
Common Voting Shares, $.01 par value per share
2017-03-01$23.64/sh−31,197$737,497→ 586,119 total(indirect: By GRAT) - Other
Class A Common Shares, $.01 par value per share
2017-03-01$23.64/sh−662,593$15,663,699→ 10,661 total(indirect: By GRAT) - Other
Common Voting Shares, $.01 par value per share
2017-03-01$23.64/sh+31,197$737,497→ 31,197 total - Exercise/Conversion
Option
2017-03-01−10,661→ 0 totalExercise: $8.14From: 2008-04-26Exp: 2017-04-25→ Class A Common Shares (10,661 underlying)
Footnotes (3)
- [F1]On March 1, 2017, the reporting person exchanged assets of equal value for 662,593 Class A Common Shares, which were valued based on the average of the high and low market price of the Class A Common Shares on such date, with a grantor retained annuity trust of which the reporting person is trustee. As a result, these Class A Common Shares are again directly owned by the reporting person.
- [F2]These shares were previously reported as indirectly beneficially owned through a revocable living trust, but such shares were contributed to a grantor retained annuity trust of which the reporting person is trustee on September 9, 2016.
- [F3]On March 1, 2017, the reporting person exchanged assets of equal value for 31,197 Common Voting Shares, which were valued based on the average of the high and low market price of the Class A Common Shares on such date, with a grantor retained annuity trust of which the reporting person is trustee. As a result, these Common Voting Shares are again directly owned by the reporting person.