Jason Combs - Mar 1, 2024 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role
EVP and CFO
Signature
/s/ William Appleton, Attorney-in-fact for Jason Combs
Stock symbol
SSP
Transactions as of
Mar 1, 2024
Transactions value $
$222,615
Form type
4
Date filed
3/5/2024, 02:04 PM
Previous filing
May 3, 2023
Next filing
May 3, 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 $57.1K +15.2K +70.91% $3.76 36.6K Mar 1, 2024 Direct F1
transaction SSP Class A Common Shares, $.01 par value per share Tax liability -$27.4K -7.28K -19.9% $3.76 29.3K Mar 1, 2024 Direct F2
holding SSP Common Voting Shares, $.01 par value per share 0 Mar 1, 2024 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 -$32.2K -8.57K -50% $3.76 8.57K Mar 1, 2024 Restricted Stock Units 8.57K $3.76 Direct
transaction SSP Restricted Stock Units Conversion of derivative security -$24.9K -6.61K -33.33% $3.76 13.2K Mar 1, 2024 Restricted Stock Units 6.61K $3.76 Direct
transaction SSP Restricted Stock Units Award $250K +38.1K $6.56 38.1K Mar 1, 2024 Restricted Stock Units 38.1K Direct F3
holding SSP Restricted Stock Units 61.2K Mar 1, 2024 Restricted Stock Unites 61.2K Direct F4
* 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 2025, 2026, 2027 and 2028. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F4 This restricted stock award will vest in equal parts in 2024, 2025, 2026 and 2027. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.