Sanchez Mary Ann S. 4
4 · E.W. SCRIPPS Co · Filed May 20, 2019
Insider Transaction Report
Form 4
Sanchez Mary Ann S.
10% Owner
Transactions
- Other
Class A Common Shares, $.01 par value per share
2019-05-16$17.50/sh−29,802$521,386→ 0 total(indirect: By GRAT) - Other
Common Voting Shares, $.01 par value per share
2019-05-16$17.50/sh+267,133$4,673,492→ 267,133 total - Other
Class A Common Shares, $.01 par value per share
2019-05-16$17.50/sh+29,802$521,386→ 326,736 total - Other
Common Voting Shares, $.01 par value per share
2019-05-16$17.50/sh−267,133$4,673,492→ 0 total(indirect: By GRAT)
Footnotes (3)
- [F1]On May 16, 2019, the reporting person exchanged assets of equal value for 29,802 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 May 14, 2018, to a grantor retained annuity trust of which the reporting person is a trustee.
- [F3]On May 16, 2019, the reporting person exchanged assets of equal value for 267,133 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.