Sec Form 4 Filing - Scripps William H. @ Scripps Networks Interactive, Inc. - 2014-12-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Scripps William H.
2. Issuer Name and Ticker or Trading Symbol
Scripps Networks Interactive, Inc. [ SNI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O LIDO ADVISORS, 9100 WILSHIRE BLVD., SUITE 350 WEST
3. Date of Earliest Transaction (MM/DD/YY)
12/11/2014
(Street)
BEVERLY HILLS, CA90212
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Shares, $.01 par value per share 12/11/2014 S( 1 ) 539,200 D $ 76.9396 0 I As trustee
Class A Common Shares, $.01 par value per share 12/11/2014 S( 1 ) 760,000 D $ 76.9396 213,908 I ( 2 ) As co-trustee
Common Voting Shares, $.01 par value per share 1,604,000 I ( 2 ) As co-trustee
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Scripps William H.
C/O LIDO ADVISORS
9100 WILSHIRE BLVD., SUITE 350 WEST
BEVERLY HILLS, CA90212
X
Scripps Kathryn A.
C/O LIDO ADVISORS
9100 WILSHIRE BLVD., SUITE 350 WEST
BEVERLY HILLS, CA90212
X
Scripps Family 1992 Revocable Trust, dated 06-09-92
C/O LIDO ADVISORS
9100 WILSHIRE BLVD., SUITE 350 WEST
BEVERLY HILLS, CA90212
X
Signatures
/s/ William H. Scripps 12/11/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person is trustee of four grantor-retained annuity trusts, two for his benefit and two for the benefit of his spouse, Kathryn A Scripps. The four grantor-retained annuity trusts sold 539,200 total Class A Common Shares on December 11, 2014.
( 2 )These shares are held by the Scripps Family 1992 Revocable Trust, dated 06-09-92, of which the reporting person is co-trustee with his spouse, Kathryn A. Scripps.

Remarks:
The reporting person may be deemed to have shared voting power with respect to more than 10% of the Class A Common Shares of the Issuer (due solely to the convertibility of Common Voting Shares of the Company into Class A Common Shares on a share-for-share basis) due to the voting provisions of the Scripps Family Agreement dated October 15, 1992, as amended, to which the reporting person is a party. The reporting person filed a Schedule 13D with the Commission on January 24, 2013, as amended March 18, 2013, September 20, 2013, April 1, 2014, July 7, 2014, and October 10, 2014.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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