Daniel Perschke - Feb 26, 2021 Form 4/A - Amendment Insider Report for E.W. SCRIPPS Co (SSP)

Role
Vice President, Controller
Signature
/s/ William Appleton, Attorney-in-fact for Daniel Perschke
Stock symbol
SSP
Transactions as of
Feb 26, 2021
Transactions value $
$91,221
Form type
4/A - Amendment
Date filed
3/3/2022, 04:17 PM
Date Of Original Report
Mar 2, 2021
Next filing
Nov 10, 2021

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 $82.4K +4.06K +66.56% $20.28 10.2K Mar 1, 2021 Direct F1
transaction SSP Class A Common Shares, $.01 par value per share Tax liability -$28.9K -1.42K -14.01% $20.28 8.74K Mar 1, 2021 Direct F2
holding SSP Common Voting Shares, $.01 par value per share 0 Feb 26, 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 Other $47.6K +2.53K +84.04% $18.82 5.53K Feb 26, 2021 Restricted Stock Units 2.52K Direct F3
transaction SSP Restricted Stock Units Conversion of derivative security -$37.4K -1.84K -33.32% $20.28 3.69K Mar 1, 2021 Restricted Stock Units 1.84K Direct F1
transaction SSP Restricted Stock Units Conversion of derivative security -$20K -985 -49.95% $20.28 987 Mar 1, 2021 Restricted Stock Units 985 Direct F1
transaction SSP Restricted Stock Units Conversion of derivative security -$25K -1.23K -100% $20.28 0 Mar 1, 2021 Restricted Stock Units 1.23K Direct F1
transaction SSP Restricted Stock Units Award $72.5K +3.58K $20.28 3.58K Mar 1, 2021 Restricted Stock Units 3.58K Direct F4, 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 Since the Company exceeded performance goals, additional restricted stock units were credited. This restricted stock award will vest in equal parts in 2021, 2022 and 2023. 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, 2023, 2024, and 2025. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F5 A clerical error occurred when reporting the term of this long-term incentive plan vesting. It will vest in 2022, 2023 and 2024.