Jason Combs - Dec 1, 2021 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role
EVP and CFO
Signature
/s/ William Appleton, Attorney-in-fact for Jason Combs
Stock symbol
SSP
Transactions as of
Dec 1, 2021
Transactions value $
-$1,874
Form type
4
Date filed
12/3/2021, 10:36 AM
Next filing
Mar 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 Conversion of derivative security $6.31K +350 +7.83% $18.02 4.82K Dec 1, 2021 Direct F1
transaction SSP Class A Common Shares, $.01 par value per share Tax liability -$1.87K -104 -2.16% $18.02 4.72K Dec 1, 2021 Direct F2
holding SSP Common Voting Shares, $.01 par value per share 0 Dec 1, 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 Restricted Stock Units Conversion of derivative security -$6.31K -350 -100% $18.02 0 Dec 1, 2021 Restricted Stock Units 350 Direct F1
holding SSP Restricted Stock Units 1.31K Dec 1, 2021 Restricted Stock Units 1.31K Direct F3
holding SSP Restricted Stock Units 5K Dec 1, 2021 Restricted Stock Units 5K Direct F4
holding SSP Restricted Stock Units 14.9K Dec 1, 2021 Restricted Stock Units 14.9K 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 unit award will vest in 2022. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F4 This restricted stock unit award will vest in equal parts in 2022 and 2023. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F5 This restricted stock unit award will vest in equal parts in 2022, 2023, 2024, and 2025. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.