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

Role
EVP and General Counsel
Signature
/s/ William Appleton
Issuer symbol
SSP
Transactions as of
01 Mar 2023
Net transactions value
-$52,234
Form type
4
Filing time
03 Mar 2023, 10:54:41 UTC
Previous filing
08 Dec 2022
Next filing
03 May 2023
SEC
View on sec.gov

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 $395,518 +32,340 +30% $12.23 138,430 01 Mar 2023 Direct F1
transaction SSP Class A Common Shares, $.01 par value per share Tax liability $164,836 -13,478 -9.7% $12.23 124,952 01 Mar 2023 Direct F2
holding SSP Common Voting Shares, $.01 par value per share 0 01 Mar 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 $96,752 -7,911 -100% $12.23 0 01 Mar 2023 Restricted Stock Units 7,911 Direct F1
transaction SSP Restricted Stock Units Conversion of derivative security $135,129 -11,049 -50% $12.23 11,050 01 Mar 2023 Restricted Stock Units 11,049 Direct F1
transaction SSP Restricted Stock Units Conversion of derivative security $101,680 -8,314 -31% $12.23 18,858 01 Mar 2023 Restricted Stock Units 8,314 Direct F1
transaction SSP Restricted Stock Units Award $112,602 +9,207 +65% $12.23 23,480 01 Mar 2023 Restricted Stock Units 9,207 Direct F3
transaction SSP Restricted Stock Units Conversion of derivative security $61,957 -5,066 -22% $12.23 18,414 01 Mar 2023 Restricted Stock Units 5,066 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.
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 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.