Peirce Mary 4
4 · E.W. SCRIPPS Co · Filed Mar 15, 2021
Insider Transaction Report
Form 4
Peirce Mary
10% Owner
Transactions
- Other
Class A Common Shares, $.01 par value per share
2021-03-11$23.29/sh−66,785$1,555,423→ 0 total(indirect: By GRAT) - Other
Class A Common Shares, $.01 par value per share
2021-03-11$23.29/sh+66,785$1,555,423→ 66,785 total - Other
Common Voting Shares, $.01 par value per share
2021-03-11$23.29/sh+215,333$5,015,106→ 215,333 total - Other
Common Voting Shares, $.01 par value per share
2021-03-11$23.29/sh−215,333$5,015,106→ 0 total(indirect: By GRAT)
Footnotes (3)
- [F1]On March 11, 2021, the reporting person exchanged assets of equal value for 66,785 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 30, 2020, to a grantor retained annuity trust of which the reporting person is a trustee.
- [F3]On March 11, 2021, the reporting person exchanged assets of equal value for 215,333 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.