Daniel Perschke - 01 Mar 2022 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
Issuer symbol
SSP
Transactions as of
01 Mar 2022
Net transactions value
+$146,696
Form type
4/A - Amendment
Filing time
09 Mar 2022, 07:59:27 UTC
Date Of Original Report
03 Mar 2022
Previous filing
10 Nov 2021
Next filing
09 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 $108,638 +4,887 +151% $22.23 8,113 01 Mar 2022 Direct F1
transaction SSP Class A Common Shares, $.01 par value per share Tax liability $40,659 -1,829 -23% $22.23 6,284 01 Mar 2022 Direct F2
holding SSP Common Voting Shares, $.01 par value per share 0 01 Mar 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 $40,992 -1,844 -50% $22.23 1,846 01 Mar 2022 Restricted Stock Units 1,844 Direct F1
transaction SSP Restricted Stock Units Conversion of derivative security $21,941 -987 -100% $22.23 0 01 Mar 2022 Restricted Stock Units 987 Direct F1
transaction SSP Restricted Stock Units Other $103,392 +4,651 +306% $22.23 6,172 01 Mar 2022 Restricted Stock Units 4,651 Direct F3
transaction SSP Restricted Stock Units Award $83,963 +3,777 $22.23 3,777 01 Mar 2022 Restricted Stock Units 3,777 Direct F4
transaction SSP Restricted Stock Units Conversion of derivative security $45,705 -2,056 -57% $22.23 1,521 01 Mar 2022 Restricted Stock Units 2,056 Direct F1
* 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, 2025 and 2026. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.