4//SEC Filing
Scripps Eli W 4
Accession 0001209191-19-031482
CIK 0000832428other
Filed
May 19, 8:00 PM ET
Accepted
May 20, 5:38 PM ET
Size
12.3 KB
Accession
0001209191-19-031482
Insider Transaction Report
Form 4
Scripps Eli W
10% Owner
Transactions
- Other
Common Voting Shares, $.01 par value per share
2019-05-16$17.50/sh−40,587$710,070→ 0 total(indirect: By GRAT) - Other
Class A Common Shares, $.01 par value per share
2019-05-16$17.50/sh−30,894$540,491→ 0 total(indirect: By GRAT) - Other
Class A Common Shares, $.01 par value per share
2019-05-16$17.50/sh+30,894$540,491→ 103,926 total - Other
Common Voting Shares, $.01 par value per share
2019-05-16$17.50/sh+40,587$710,070→ 89,111 total
Footnotes (3)
- [F1]On May 16, 2019, the reporting person exchanged assets of equal value for 30,894 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]Immediately following the transactions reported on the reporting person's previously filed Form 4, the reporting person: (i) directly held 102,375 Class A Common Shares; and (ii) indirectly held 1,551 Class A Common Shares and 89,111 Common Voting Shares through a grantor-retained annuity trust of which the reporting person was trustee (the "2016 GRAT"). Since that last filing, the reporting person: (a) received all shares held by the 2016 GRAT in satisfaction of the 2016 GRAT's annuity obligations; and (b) contributed 30,894 Class A Common Shares and 40,587 Common Voting Shares on May 14, 2018 to a separate grantor-retained annuity trust of which the reporting person is trustee (the "2018 GRAT"). Therefore, the reporting person indirectly held all shares in the 2018 GRAT and directly held all other shares immediately prior to the transactions reported on this Form 4, and there has been no change in the aggregate number of shares reported since the last filing.
- [F3]On May 16, 2019, the reporting person exchanged assets of equal value for 40,587 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.
Documents
Issuer
E.W. SCRIPPS Co
CIK 0000832428
Entity typeother
Related Parties
1- filerCIK 0001567356
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 5:38 PM ET
- Size
- 12.3 KB