Kim Williams - 02 May 2022 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role: Director
Signature: /s/ William Appleton, Attorney-in-fact for Kim Williams
Issuer symbol: SSP
Transactions as of: 02 May 2022
Net transactions value: +$124,985
Form type: 4
Filing time: 04 May 2022, 11:58:01 UTC
Previous filing: 03 Feb 2022
Next filing: 17 May 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	$100,598	+5,935	+3.7%	$16.95	168,466	03 May 2022	Direct	F1
holding	SSP	Class A Common Shares, $.01 par value per share						400	02 May 2022	Husband as custodian for children
holding	SSP	Common Voting Shares, $.01 par value per share						0	02 May 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	$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
holding	SSP	Phantom Stock						41,094	02 May 2022	Class A Common	40,980		Direct	F3

* 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.
F3	Pursuant to the company's 1997 Deferred Compensation and Stock Plan for Directors, directors may defer fees into a phantom stock fund. Under this plan, fees are allocated to a phantom shares account based on the fair market value of the company's Class A Common Shares on the last trading day of each quarter. Balances are paid in either shares or cash at the time a director leaves the Board.