| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SSP | Common Voting Shares, $.01 par value per share | Sale | -$6.56M | -535K | -100% | $12.26 | 0 | Nov 3, 2022 | Direct | F1 |
| holding | SSP | Class A Common Shares, $.01 par value per share | 0 | Nov 3, 2022 | Direct | F2 |
Adam R. Scripps Trust u/a dated October 5, 1992, as thereafter amended & restated is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | The price reported in Column 4 was set on October 17, 2022, using a formula based on the average closing market price of the previous 15 trading days in accordance with the Scripps Family Agreement, to which the reporting person is a signatory. |
| F2 | The Class A Common Shares previously reported on Form 3 were sold in a series of market sales during the 12-month period following the death of Adam R. Scripps on May 21, 2019, and were exempt from reporting under Rule 16a-2(d)(1). |
The reporting person may have been deemed to beneficially own more than 10% of the Class A Common Shares of the Issuer as a party to the Second Amended and Restated Scripps Family Agreement, dated March 26, 2021 (the "Scripps Family Agreement"). The Scripps Family Agreement contains provisions governing the collective voting of the Common Voting Shares of the Issuer held by such parties, which are convertible share-for-share into Class A Common Shares and in the aggregate represent more than 10% of the Class A Common Shares of the Issuer on an as-converted basis. The reporting person filed a Schedule 13D with the Commission on January 24, 2013, as last amended on April 5, 2021. The reporting person no longer holds any Common Voting Shares and therefore is no longer subject to the Scripps Family Agreement.