Lisa A. Knutson - 01 May 2024 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Reporting relationship: Chief Operating Officer
Issuer ticker: SSP
Reported as of: 01 May 2024
Net transaction value: +$208,958
SEC form: 4
Accepted by SEC: 03 May 2024, 15:52:42 UTC
Prior SEC filing: 19 Apr 2024
Next SEC filing: 03 Dec 2024
Source filing: View source filing
Reporting owner signature: /s/ William Appleton

Key filing fact

Lisa A. Knutson filed Form 4 for E.W. SCRIPPS Co (SSP) on 03 May 2024.

Key facts

This page summarizes Lisa A. Knutson's Form 4 filing for E.W. SCRIPPS Co (SSP).
4 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 03 May 2024, 15:52.

Change

Previous filing in this sequence was filed on 19 Apr 2024.
Current net transaction value: +$208,958.

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

This filing has been restated. Open the amended 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: $124,051
Shares: +31,808
Change %: +35%
Price: $3.90
Shares after: 123,092
Date: 01 May 2024
Ownership: Direct
Footnotes: F1

SSP transaction

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

Tax liability

Transaction value: $47,408
Shares: -12,156
Change %: -9.9%
Price: $3.90
Shares after: 110,936
Date: 01 May 2024
Ownership: Direct
Footnotes: F2

SSP holding

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

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 01 May 2024
Ownership: Children's Trusts

SSP holding

Common Voting Shares, $.01 par value per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 01 May 2024
Ownership: Direct

Reported derivative securities

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

SSP transaction Derivative

Restricted Stock Units

Award

Transaction value: $256,366
Shares: +65,735
Change %: +97%
Price: $3.90
Shares after: 133,558
Date: 01 May 2024
Ownership: Direct
Underlying class: Restricted Stock Unites
Underlying amount: 133,558
Exercise price: $3.90
Footnotes: F3

SSP transaction Derivative

Restricted Stock Units

Conversion of derivative security

Transaction value: $124,051
Shares: -31,808
Change %: -24%
Price: $3.90
Shares after: 101,750
Date: 01 May 2024
Ownership: Direct
Underlying class: Restricted Stock Unites
Underlying amount: 101,750
Exercise price: $3.90
Footnotes: F1

SSP holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 10,288
Date: 01 May 2024
Ownership: Direct
Underlying class: Restricted Stock Units
Underlying amount: 10,288
Exercise price
Footnotes: F4

SSP holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 15,109
Date: 01 May 2024
Ownership: Direct
Underlying class: Restricted Stock Units
Underlying amount: 15,109
Exercise price
Footnotes: F5

SSP holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 38,109
Date: 01 May 2024
Ownership: Direct
Underlying class: Senior Leaders
Underlying amount: 0
Exercise price: $6.56
Footnotes: F6

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 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

Since the Company exceeded performance goals, additional restricted stock units were credited. This restricted stock award will vest in equal parts in 2025, 2026 and 2027. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.

Footnote F4

This restricted stock award will vest in 2025. 25% of the award vested in 2022, 2023 and 2024. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.

Footnote F5

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

Footnote F6

This restricted stock unit 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.