Charles L. Barmonde - Feb 29, 2024 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role
Director, 10%+ Owner
Signature
/s/ William Appleton, Attorney-in-fact for Charles L. Barmonde
Stock symbol
SSP
Transactions as of
Feb 29, 2024
Transactions value $
$44,970
Form type
4
Date filed
3/1/2024, 04:09 PM
Previous filing
May 3, 2023
Next filing
May 2, 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 Purchase $45K +10.5K +1.66% $4.28* 642K Feb 29, 2024 Revocable Living Trust F1
holding SSP Class A Common Shares, $.01 par value per share 0 Feb 29, 2024 Direct
holding SSP Common Voting Shares, $.01 par value per share 586K Feb 29, 2024 Revocable Living Trust F2

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
holding SSP Restricted Stock Units 16.7K Feb 29, 2024 Restricted Stock Units 16.7K Direct F3
* 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 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.20 to $4.41, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4
F2 534,666 of these shares were previously described as directly held on each Form 4 filed by the reporting person since March 25, 2020, when such shares were held through a revocable living trust of which the reporting person is the settlor, sole beneficiary and has voting and investment power over such shares.
F3 This restricted stock award will vest in 2024. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.

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 February 21, 2023.