HAYDEN JOHN W 4
4 · E.W. SCRIPPS Co · Filed Jan 5, 2021
Insider Transaction Report
Form 4
HAYDEN JOHN W
Director
Transactions
- Other
Phantom Stock
2020-12-31$15.29/sh+281.33$4,302→ 86,313.98 total→ Class A Common (281.33 underlying)
Holdings
- 0
Common Voting Shares, $.01 par value per share
- 75,794.848
Class A Common Shares, $.01 par value per share
- 12,978
Restricted Stock Units
From: 2020-05-04Exp: 2021-05-04→ Restricted Stock Units (12,978 underlying)
Footnotes (3)
- [F1]Pursuant to the company's 1997 Deferred Compensation and Stock Plan for Directors, at the end of each calendar quarter, the number of shares credited to a Phantom Stock Account shall be increased by any dividends paid on shares during that calendar quarter.
- [F2]Pursuant to the company's 1997 Deferred Compensation and Stock Plan for Directors, directors may defer fees into a phantom stock fund. Under this plan, fees are allocated to a phantom shares account based on the fair market value of the company's Class A Common Shares on the last trading day of each quarter. Balances are paid in either shares or cash at the time a director leaves the Board.
- [F3]This restricted stock unit award will vest in 2021. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.