Mark L. Koors - Mar 1, 2023 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role
VP/Audit and Compliance
Signature
/s/ William Appleton, Attorney-in-fact for Mark L. Koors
Stock symbol
SSP
Transactions as of
Mar 1, 2023
Transactions value $
-$2,911
Form type
4
Date filed
3/3/2023, 10:58 AM
Previous filing
Dec 8, 2022
Next filing
May 3, 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 $112K +9.17K +21.16% $12.23 52.5K Mar 1, 2023 Direct F1
transaction SSP Class A Common Shares, $.01 par value per share Tax liability -$30.6K -2.5K -4.77% $12.23 50K Mar 1, 2023 Direct F2
holding SSP Common Voting Shares, $.01 par value per share 0 Mar 1, 2023 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 -$53.5K -4.38K -100% $12.23 0 Mar 1, 2023 Restricted Stock Units 4.38K Direct F1
transaction SSP Restricted Stock Units Conversion of derivative security -$36.6K -2.99K -46.55% $12.23 3.44K Mar 1, 2023 Restricted Stock Units 2.99K Direct F1
transaction SSP Restricted Stock Units Award $27.7K +2.27K +63.62% $12.23 5.83K Mar 1, 2023 Restricted Stock Units 2.27K Direct F3
transaction SSP Restricted Stock Units Conversion of derivative security -$22K -1.8K -30.89% $12.23 4.03K Mar 1, 2023 Restricted Stock Units 1.8K Direct F1
* 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 This restricted stock award will vest in equal parts in 2024 and 2025. One third of the award vested in 2023. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.