Margaret Scripps Klenzing - Nov 3, 2022 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role
10%+ Owner
Signature
/s/ Tracy Tunney Ward on behalf of Miramar Services, Inc. as Attorney-In-Fact for Margaret Scripps Klenzing
Stock symbol
SSP
Transactions as of
Nov 3, 2022
Transactions value $
$682,244
Form type
4
Date filed
11/7/2022, 05:19 PM
Previous filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSP Common Voting Shares, $.01 par value per share Purchase $682K +55.6K +20.82% $12.26 323K Nov 3, 2022 Direct F1
holding SSP Class A Common Shares, $.01 par value per share 322K Nov 3, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.

Remarks:

The reporting person may be 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.