Daniel Perschke - 01 Mar 2023 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Reporting relationship: Vice President, Controller
Issuer ticker: SSP
Reported as of: 01 Mar 2023
Net transaction value: +$2,899
SEC form: 4
Accepted by SEC: 03 Mar 2023, 11:11:27 UTC
Prior SEC filing: 09 Mar 2022
Next SEC filing: 03 May 2023
Source filing: View source filing
Reporting owner signature: /s/ William Appleton, Attorney-in-fact for Daniel Perschke

Key filing fact

Daniel Perschke filed Form 4 for E.W. SCRIPPS Co (SSP) on 03 Mar 2023.

Key facts

This page summarizes Daniel Perschke's Form 4 filing for E.W. SCRIPPS Co (SSP).
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 03 Mar 2023, 11:11.

Change

Previous filing in this sequence was filed on 09 Mar 2022.
Current net transaction value: +$2,899.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SSP transaction

Class A Common Shares, $.01 par value per share

Conversion of derivative security

Transaction value: $66,201
Shares: +5,413
Change %: +168%
Price: $12.23
Shares after: 8,639
Date: 01 Mar 2023
Ownership: Direct
Footnotes: F1

SSP transaction

Class A Common Shares, $.01 par value per share

Tax liability

Transaction value: $24,815
Shares: -2,029
Change %: -23%
Price: $12.23
Shares after: 6,610
Date: 01 Mar 2023
Ownership: Direct
Footnotes: F2

SSP holding

Common Voting Shares, $.01 par value per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 01 Mar 2023
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SSP transaction Derivative

Restricted Stock Units

Conversion of derivative security

Transaction value: $22,577
Shares: -1,846
Change %: -100%
Price: $12.23
Shares after: 0
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Restricted Stock Units
Underlying amount: 1,846
Exercise price
Footnotes: F1

SSP transaction Derivative

Restricted Stock Units

Conversion of derivative security

Transaction value: $25,157
Shares: -2,057
Change %: -33%
Price: $12.23
Shares after: 4,115
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Restricted Stock Units
Underlying amount: 2,057
Exercise price
Footnotes: F1

SSP transaction Derivative

Restricted Stock Units

Award

Transaction value: $27,713
Shares: +2,266
Change %: +60%
Price: $12.23
Shares after: 6,043
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Restricted Stock Units
Underlying amount: 2,266
Exercise price
Footnotes: F3

SSP transaction Derivative

Restricted Stock Units

Conversion of derivative security

Transaction value: $18,467
Shares: -1,510
Change %: -25%
Price: $12.23
Shares after: 4,533
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Restricted Stock Units
Underlying amount: 1,510
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This transaction reflects the conversion of restricted stock units into Class A Common Shares.

Footnote F2

The terms of this long-term incentive award mandate that the Company withhold shares to satisfy the reporting person's tax obligation.

Footnote F3

This restricted stock award will vest in equal parts in 2024, 2025 and 2026. 25% of the award vested in 2023. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.