4//SEC Filing
Granado Corina S. 4
Accession 0001209191-18-056070
CIK 0000832428other
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 4:59 PM ET
Size
10.3 KB
Accession
0001209191-18-056070
Insider Transaction Report
Form 4
Granado Corina S.
10% Owner
Transactions
- Purchase
Class A Common Shares, $.01 par value per share
2018-10-23$17.17/sh+13,988$240,159→ 286,050 total - Gift
Class A Common Shares, $.01 par value per share
2018-09-28−24,955→ 91,329 total(indirect: By GRAT)
Holdings
- 152,538
Common Voting Shares, $.01 par value per share
- 114,295(indirect: By GRAT)
Common Voting Shares, $.01 par value per share
Footnotes (4)
- [F1]The purchases were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 20, 2018 and in accordance with Rule 10b-18 of the Securities Exchange Act of 1934.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.81 to $17.53, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.
- [F3]On September 28, 2018, a grantor retained annuity trust ("GRAT") of which the reporting person is trustee: (i) distributed 4,829 Class A Common Shares and 152,538 Common Voting Shares back to the reporting person in satisfaction of the GRAT's annuity obligations; and (ii) transferred 24,955 Class A Common Shares to the remainder beneficiary of the GRAT in satisfaction of the GRAT's obligations upon its termination. As a result, the Forms 4 filed by the reporting person on October 2, 2018, October 10, 2018 and October 16, 2018 had inadvertently: (a) described 4,829 Class A Common Shares and 152,538 Common Voting Shares as being indirectly held by GRAT, when such shares were actually directly held; and (b) overstated the aggregate number of Class A Shares held by the reporting person by the 24,955 Class A Common Shares that transferred to the remainder beneficiary.
- [F4]This transaction reflects the transfer of securities to the remainder beneficiary of the GRAT in satisfaction of the GRAT's obligations upon its termination.
Documents
Issuer
E.W. SCRIPPS Co
CIK 0000832428
Entity typeother
Related Parties
1- filerCIK 0001567557
Filing Metadata
- Form type
- 4
- Filed
- Oct 23, 8:00 PM ET
- Accepted
- Oct 24, 4:59 PM ET
- Size
- 10.3 KB