Scripps Networks Interactive, Inc. 4
4 · Scripps Networks Interactive, Inc. · Filed Jul 5, 2017
Insider Transaction Report
Form 4
PAUMGARTEN NICHOLAS B
Director
Transactions
- Award
Phantom Stock
2017-06-30+460.26→ 19,427.91 totalExercise: $68.31→ Class A Common (460.26 underlying)
Holdings
- 25,642
Class A Common Shares, $.01 par value per share
- 1,700(indirect: By Spouse)
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 6/30/17 was 19427.91 phantom shares.