E.W. SCRIPPS Co 4
4 · E.W. SCRIPPS Co · Filed May 6, 2016
Insider Transaction Report
Form 4
QUIN J MARVIN
Director
Transactions
- Conversion
Class A Common Shares, $.01 par value per share
2016-05-04$14.66/sh+2,244$32,897→ 56,479 total - Conversion
Restricted Stock Units
2016-05-04$14.66/sh−2,244$32,897→ 0 totalFrom: 2016-05-04Exp: 2016-05-04→ Restricted Stock Units (2,244 underlying)
Holdings
- 0
Common Voting Shares, $.01 par value per share
- 18,334.73
Phantom Stock
→ Class A Common (18,334.72 underlying) - 4,826
Restricted Stock Units
From: 2016-05-02Exp: 2017-05-02→ Restricted Stock Units (4,826 underlying)
Footnotes (3)
- [F1]This transaction reflects the conversion of restricted stock units into Class A Common Shares.
- [F2]Pursuant to the company's 1997 Deferred Compensation and Stock Plan for Directors, directors may defer fees into a phantom stock fund. Under this plan, fees are allocated to a phantom shares account based on the fair market value of the company's Class A Common Shares on the last trading day of each preceding quarter. Balances are paid in either shares or cash at the time a director leaves the Board.
- [F3]This restricted stock unit award will vest in 2017. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.