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

Signature
/s/ William Appleton
Issuer symbol
SSP
Transactions as of
01 Dec 2023
Net transactions value
-$12,191
Form type
4
Filing time
05 Dec 2023, 15:40:47 UTC
Previous filing
03 May 2023
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SSP Class A Common Shares, $.01 par value per share 124,952 01 Dec 2023 Direct
holding SSP Common Voting Shares, $.01 par value per share 0 01 Dec 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 Tax liability $2,727 -365 -2% $7.47 18,049 01 Dec 2023 Restricted Stock Units 365 Direct F1
transaction SSP Restricted Stock Units Tax liability $9,464 -1,267 -5.6% $7.47 21,460 01 Dec 2023 Restricted Stock Unites 1,267 Direct F1
holding SSP Restricted Stock Units 11,050 01 Dec 2023 Restricted Stock Units 11,050 Direct F2
holding SSP Restricted Stock Units 18,858 01 Dec 2023 Restricted Stock Units 18,858 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The terms of this long-term incentive award mandate that the Company withhold shares to satisfy the reporting person's tax obligation.
F2 This restricted stock award will vest in equal parts in 2024. 25% vested in 2021, 2022, and 2023. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F3 This restricted stock award will vest in equal parts in 2024 and 2025. 25% of the award vested in 2022 and 2023. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.