William Appleton - 01 Mar 2024 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 2024
Net transactions value: +$122,360
Form type: 4
Filing time: 05 Mar 2024, 14:03:40 UTC
Previous filing: 05 Dec 2023
Next filing: 03 May 2024
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	$98,629	+26,231	+21%	$3.76	151,183	01 Mar 2024	Direct	F1
transaction	SSP	Class A Common Shares, $.01 par value per share	Tax liability	$40,138	-10,675	-7.1%	$3.76	140,508	01 Mar 2024	Direct	F2
holding	SSP	Common Voting Shares, $.01 par value per share						0	01 Mar 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	$41,548	-11,050	-100%	$3.76	0	01 Mar 2024	Restricted Stock Units	11,050	$3.76	Direct
transaction	SSP	Restricted Stock Units	Conversion of derivative security	$35,449	-9,428	-50%	$3.76	9,430	01 Mar 2024	Restricted Stock Units	9,428	$3.76	Direct
transaction	SSP	Restricted Stock Units	Conversion of derivative security	$21,631	-5,753	-32%	$3.76	12,296	01 Mar 2024	Restricted Stock Units	5,753	$3.76	Direct
transaction	SSP	Restricted Stock Units	Award	$162,498	+24,771		$6.56	24,771	01 Mar 2024	Restricted Stock Units	24,771		Direct	F3
holding	SSP	Restricted Stock Units						21,460	01 Mar 2024	Restricted Stock Unites	21,460		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.