A. Riegelsberger - Mar 1, 2022 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role: Treasurer, Vice President, Tax
Signature: /s/ William Appleton, Attorney-in-fact for Rebecca A. Riegelsberger
Stock symbol: SSP
Transactions as of: Mar 1, 2022
Transactions value $: $130,512
Form type: 4
Date filed: 3/3/2022, 04:18 PM
Previous filing: Mar 3, 2022
Next filing: Mar 3, 2023

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	$112K	+5.02K	+68.55%	$22.23	12.3K	Mar 1, 2022	Direct	F1
transaction	SSP	Class A Common Shares, $.01 par value per share	Tax liability	-$56.8K	-2.56K	-20.73%	$22.23	9.78K	Mar 1, 2022	Direct	F2
holding	SSP	Common Voting Shares, $.01 par value per share						0	Mar 1, 2022	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	-$42.7K	-1.92K	-50%	$22.23	1.92K	Mar 1, 2022	Restricted Stock Units	1.92K		Direct	F1
transaction	SSP	Restricted Stock Units	Conversion of derivative security	-$23.1K	-1.04K	-100%	$22.23	0	Mar 1, 2022	Restricted Stock Units	1.04K		Direct	F1
transaction	SSP	Restricted Stock Units	Conversion of derivative security	-$45.7K	-2.06K	-57.48%	$22.23	1.52K	Mar 1, 2022	Restricted Stock Units	2.06K		Direct	F1
transaction	SSP	Restricted Stock Units	Other	$103K	+4.65K	+305.79%	$22.23	6.17K	Mar 1, 2022	Restricted Stock Units	4.65K		Direct	F3
transaction	SSP	Restricted Stock Units	Award	$84K	+3.78K		$22.23	3.78K	Mar 1, 2022	Restricted Stock Units	3.78K		Direct	F4

* 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 2022, 2023, 2024 and 2025. 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 2023, 2024 and 2025. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.