Jason Combs - 01 Dec 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
Issuer symbol: SSP
Transactions as of: 01 Dec 2021
Net transactions value: -$1,874
Form type: 4
Filing time: 03 Dec 2021, 10:36:57 UTC
Next filing: 03 Mar 2022
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	$6,307	+350	+7.8%	$18.02	4,819	01 Dec 2021	Direct	F1
transaction	SSP	Class A Common Shares, $.01 par value per share	Tax liability	$1,874	-104	-2.2%	$18.02	4,715	01 Dec 2021	Direct	F2
holding	SSP	Common Voting Shares, $.01 par value per share						0	01 Dec 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	$6,307	-350	-100%	$18.02	0	01 Dec 2021	Restricted Stock Units	350		Direct	F1
holding	SSP	Restricted Stock Units						1,306	01 Dec 2021	Restricted Stock Units	1,306		Direct	F3
holding	SSP	Restricted Stock Units						5,003	01 Dec 2021	Restricted Stock Units	5,003		Direct	F4
holding	SSP	Restricted Stock Units						14,907	01 Dec 2021	Restricted Stock Units	14,907		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.