Scripps Gerald J. 4
4 · E.W. SCRIPPS Co · Filed Dec 7, 2020
Insider Transaction Report
Form 4
Scripps Gerald J.
10% Owner
Transactions
- Other
Class A Common Shares, $.01 par value per share
2020-12-03$13.52/sh−103,854$1,404,106→ 0 total(indirect: By GRAT) - Other
Class A Common Shares, $.01 par value per share
2020-12-03$13.52/sh+103,854$1,404,106→ 103,854 total - Other
Common Voting Shares, $.01 par value per share
2020-12-03$13.52/sh−92,000$1,243,840→ 0 total(indirect: By GRAT) - Other
Common Voting Shares, $.01 par value per share
2020-12-03$13.52/sh+92,000$1,243,840→ 92,000 total
Footnotes (3)
- [F1]On December 3, 2020, the reporting person exchanged assets of equal value for 103,854 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 June 2, 2020, to a grantor retained annuity trust of which the reporting person is a trustee.
- [F3]On December 3, 2020, the reporting person exchanged assets of equal value for 92,000 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.