Scripps Networks Interactive, Inc. 4
4 · Scripps Networks Interactive, Inc. · Filed Apr 4, 2017
Insider Transaction Report
Form 4
PAUMGARTEN NICHOLAS B
Director
Transactions
- Award
Phantom Stock
2017-03-31+399.65→ 18,967.65 totalExercise: $78.37→ Class A Common (399.65 underlying)
Holdings
- 1,700(indirect: By Spouse)
Class A Common 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 3/31/17 was 18,967.65 phantom shares.