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

Signature
/s/ William Appleton, Attorney-in-fact for Daniel Perschke
Issuer symbol
SSP
Transactions as of
26 Feb 2021
Net transactions value
+$91,221
Form type
4/A - Amendment
Filing time
09 Mar 2022, 08:00:39 UTC
Date Of Original Report
02 Mar 2021
Next filing
10 Nov 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 $82,377 +4,062 +67% $20.28 10,164 01 Mar 2021 Direct F1
transaction SSP Class A Common Shares, $.01 par value per share Tax liability $28,879 -1,424 -14% $20.28 8,740 01 Mar 2021 Direct F2
holding SSP Common Voting Shares, $.01 par value per share 0 26 Feb 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 $47,558 +2,527 +84% $18.82 5,534 26 Feb 2021 Restricted Stock Units 2,524 Direct F3
transaction SSP Restricted Stock Units Conversion of derivative security $37,396 -1,844 -33% $20.28 3,690 01 Mar 2021 Restricted Stock Units 1,844 Direct F1
transaction SSP Restricted Stock Units Conversion of derivative security $19,976 -985 -50% $20.28 987 01 Mar 2021 Restricted Stock Units 985 Direct F1
transaction SSP Restricted Stock Units Conversion of derivative security $25,005 -1,233 -100% $20.28 0 01 Mar 2021 Restricted Stock Units 1,233 Direct F1
transaction SSP Restricted Stock Units Award $72,542 +3,577 $20.28 3,577 01 Mar 2021 Restricted Stock Units 3,577 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 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.