R. Michael Scagliotti - May 1, 2023 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Signature
/s/ William Appleton, Attorney-in-fact for R. Michael Scagliotti
Stock symbol
SSP
Transactions as of
May 1, 2023
Transactions value $
$0
Form type
4
Date filed
5/3/2023, 02:28 PM
Previous filing
May 4, 2022
Next filing
Mar 15, 2024

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 $52.4K +6.49K +19.68% $8.08 39.4K May 1, 2023 Direct F1
holding SSP Common Voting Shares, $.01 par value per share 267K May 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 -$52.4K -6.49K -100% $8.08 0 May 1, 2023 Restricted Stock Units 6.49K 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.

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.