Charles L. Barmonde - 02 May 2022 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Signature
William Appleton, Attorney-in-fact for Charles L. Barmonde
Issuer symbol
SSP
Transactions as of
02 May 2022
Net transactions value
+$124,985
Form type
4
Filing time
04 May 2022, 11:25:26 UTC
Previous filing
02 Mar 2022
Next filing
03 May 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 $100,598 +5,935 +0.96% $16.95 625,415 03 May 2022 Revocable Living Trust F1
holding SSP Common Voting Shares, $.01 par value per share 51,000 02 May 2022 Revocable Living Trust

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 $100,598 -5,935 -100% $16.95 0 03 May 2022 Restricted Stock Units 5,935 Direct F1
transaction SSP Restricted Stock Units Other $124,985 +6,486 $19.27 6,486 02 May 2022 Restricted Stock Units 6,486 Direct F2
* 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 This restricted stock unit award will vest in 2023. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.

Remarks:

The reporting person may be deemed to have shared voting power with respect to more than 10% of the Class A Common Shares of the Issuer (due solely to the convertibility of Common Voting Shares of the Company into Class A Common Shares on a share-for-share basis) due to the voting provisions of the Amended and Restated Scripps Family Agreement dated May 19, 2015, as amended on March 29, 2017, to which the reporting person is a party. The reporting person filed a Schedule 13D with the Commission on January 24, 2013, as last amended on January 11, 2019.