E.W. SCRIPPS Co 4
4 · E.W. SCRIPPS Co · Filed Mar 10, 2017
Insider Transaction Report
Form 4
Scripps Jimmy R.
10% Owner
Transactions
- Other
Class A Common Shares, $.01 par value per share
2017-03-08$23.01/sh−653,337$15,033,284→ 0 total(indirect: By GRAT) - Other
Common Voting Shares, $.01 par value per share
2017-03-08$23.01/sh+534,664$12,302,619→ 534,664 total - Other
Class A Common Shares, $.01 par value per share
2017-03-08$23.01/sh+653,337$15,033,284→ 653,337 total - Other
Common Voting Shares, $.01 par value per share
2017-03-08$23.01/sh−534,664$12,302,619→ 0 total(indirect: By GRAT)
Footnotes (3)
- [F1]On March 8, 2017, the reporting person exchanged assets of equal value for 653,337 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 directly beneficially owned, but were contributed on September 9, 2016, to a grantor retained annuity trust of which the reporting person is trustee.
- [F3]On March 8, 2017, the reporting person exchanged assets of equal value for 534,664 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.