Wonya Y. Lucas - Jun 30, 2021 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role
Director
Signature
/s/ William Appleton, Attorney-in-fact for Wonya Y. Lucas
Stock symbol
SSP
Transactions as of
Jun 30, 2021
Transactions value $
$20,000
Form type
4
Date filed
7/1/2021, 04:19 PM
Next filing
Oct 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SSP Class A Common Shares, $.01 par value per share 17.3K Jun 30, 2021 Direct
holding SSP Common Voting Shares, $.01 par value per share 0 Jun 30, 2021 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 Phantom Stock Other $20K +981 +120.01% $20.39 1.8K Jun 30, 2021 Class A Common 981 Direct F1
holding SSP Restricted Stock Units 5.94K Jun 30, 2021 Restricted Stock Units 5.94K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This restricted stock unit award will vest in 2022. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.