John W. Hayden - May 1, 2024 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role
Director
Signature
/s/ William Appleton
Stock symbol
SSP
Transactions as of
May 1, 2024
Transactions value $
$0
Form type
4
Date filed
5/2/2024, 09:40 AM
Previous filing
May 3, 2023
Next filing
May 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSP Class A Common Shares, $.01 par value per share Conversion of derivative security $65.1K +16.7K +16.49% $3.90 118K May 1, 2024 Direct F1
holding SSP Common Voting Shares, $.01 par value per share 0 May 1, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SSP Restricted Stock Units Conversion of derivative security -$65.1K -16.7K -100% $3.90 0 May 1, 2024 Restricted Stock Units 16.7K $3.90 Direct
holding SSP Phantom Stock 86.3K May 1, 2024 Class A Common 86.3K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction reflects the conversion of restricted stock units into Class A Common Shares.
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.