Wonya Y. Lucas - Sep 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: Sep 30, 2021
Transactions value $: $20,000
Form type: 4
Date filed: 10/1/2021, 09:03 AM
Previous filing: Jul 1, 2021
Next filing: Jan 4, 2022

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	Sep 30, 2021	Direct
holding	SSP	Common Voting Shares, $.01 par value per share						0	Sep 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	+1.11K	+61.58%	$18.06	2.91K	Sep 30, 2021	Class A Common	1.11K		Direct	F1
holding	SSP	Restricted Stock Units						5.94K	Sep 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.