Kim Williams - Nov 23, 2021 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role
Director
Signature
/s/ William Appleton, Attorney-in-fact for Kim Williams
Stock symbol
SSP
Transactions as of
Nov 23, 2021
Transactions value $
$0
Form type
4
Date filed
11/24/2021, 09:46 AM
Previous filing
May 24, 2021
Next filing
Feb 3, 2022

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 Gift -4K -2.4% 163K Nov 23, 2021 Direct F1
holding SSP Class A Common Shares, $.01 par value per share 400 Nov 23, 2021 Husband as custodian for children
holding SSP Common Voting Shares, $.01 par value per share 0 Nov 23, 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
holding SSP Phantom Stock 41.1K Nov 23, 2021 Class A Common 41.1K Direct F2
holding SSP Restricted Stock Units 5.94K Nov 23, 2021 Restricted Stock Units 5.94K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No price given, as this is a gift.
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.
F3 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.