Wonya Y. Lucas - 31 Dec 2021 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role: Director
Signature: /s/ William Appleton, Attorney-in-fact for Wonya Y. Lucas
Issuer symbol: SSP
Transactions as of: 31 Dec 2021
Net transactions value: +$20,000
Form type: 4
Filing time: 04 Jan 2022, 09:57:02 UTC
Previous filing: 01 Oct 2021
Next filing: 04 May 2022
SEC: View on sec.gov

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						17,257	31 Dec 2021	Direct
holding	SSP	Common Voting Shares, $.01 par value per share						0	31 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	Phantom Stock	Other	$20,000	+1,034	+36%	$19.35	3,939	31 Dec 2021	Class A Common	1,034		Direct	F1
holding	SSP	Restricted Stock Units						5,935	31 Dec 2021	Restricted Stock Units	5,935		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.