Wonya Y. Lucas - Dec 31, 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
Dec 31, 2021
Transactions value $
$20,000
Form type
4
Date filed
1/4/2022, 09:57 AM
Previous filing
Oct 1, 2021
Next filing
May 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 Dec 31, 2021 Direct
holding SSP Common Voting Shares, $.01 par value per share 0 Dec 31, 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 +1.03K +35.57% $19.35 3.94K Dec 31, 2021 Class A Common 1.03K Direct F1
holding SSP Restricted Stock Units 5.94K Dec 31, 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.