Kate O'Brian - 03 May 2024 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role
President, Scripps News
Signature
/s/ William Appleton
Issuer symbol
SSP
Transactions as of
03 May 2024
Net transactions value
-$4,962
Form type
4
Filing time
07 May 2024, 10:25:23 UTC
Previous filing
03 Dec 2024
Next filing
03 Dec 2024
SEC
View on sec.gov

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 $11,807 +2,765 +52% $4.27 8,119 03 May 2024 Direct F1
transaction SSP Class A Common Shares, $.01 par value per share Tax liability $4,962 -1,162 -14% $4.27 6,957 03 May 2024 Direct F2
holding SSP Common Voting Shares, $.01 par value per share 0 03 May 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 $11,807 -2,765 -100% $4.27 0 03 May 2024 Restricted Stock Units 2,765 $4.27 Direct F1
holding SSP Restricted Stock Units 1,699 03 May 2024 Restricted Stock Units 1,699 Direct F3
holding SSP Restricted Stock Units 20,351 03 May 2024 Restricted Stock Unites 20,351 Direct F4
holding SSP Restricted Stock Units 15,243 03 May 2024 Senior Leaders 0 $6.56 Direct F5
* 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 The terms of this long-term incentive award mandate that the Company withhold shares to satisfy the reporting person's tax obligation.
F3 This restricted stock award will vest in 2025. One-third of the grant vested in 2023 and 2024. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F4 This restricted stock award will vest in 2025, 2026 and 2027. 25% vested in 2024. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F5 This restricted stock award will vest in 2025, 2026, 2027 and 2028. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.