Scripps Eaton M 4
4 · E.W. SCRIPPS Co · Filed Nov 29, 2019
Insider Transaction Report
Form 4
Scripps Eaton M
10% Owner
Transactions
- Other
Common Voting Shares, $.01 par value per share
2019-11-26$15.19/sh+391,582$5,946,173→ 617,317 total - Other
Common Voting Shares, $.01 par value per share
2019-11-26$15.19/sh−391,582$5,946,173→ 0 total(indirect: By GRAT)
Holdings
- 1,288,185
Class A Common Shares, $.01 par value per share
Footnotes (2)
- [F1]On November 26, 2019, the reporting person exchanged assets of equal value for 391,582 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 ("GRAT") of which the reporting person is trustee. As a result, these Common Voting Shares are again directly owned by the reporting person.
- [F2]203,297 of these shares were previously reported as indirectly beneficially owned through a GRAT of which the reporting person is trustee, but such shares were delivered back to the reporting person on May 16, 2019 in satisfaction of the GRAT's annuity obligations. As a result, these Common Voting Shares are again directly owned by the reporting person.