Sec Form 4 Filing - SCAGLIOTTI NACKEY E @ Scripps Networks Interactive, Inc. - 2016-12-14

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
SCAGLIOTTI NACKEY E
2. Issuer Name and Ticker or Trading Symbol
Scripps Networks Interactive, Inc. [ SNI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW DRIVE, SUITE 400
3. Date of Earliest Transaction (MM/DD/YY)
12/14/2016
(Street)
FT. MITCHELL, KY41017
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 12/14/2016 G( 1 ) 20,833 D $ 0 639,180 D
Class A Common Shares, $.01 par value per share 146,811 ( 2 ) I By GRAT
Common Voting Shares, $.01 par value per share 186,844 ( 3 ) I By GRAT
Common Voting Shares, $.01 par value per share 503,043 D
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
Option $ 40.42 04/26/2008 04/25/2017 Class A Common Shares 5,096 5,096 D
Option $ 27.01 04/29/2010 04/28/2019 Class A Common Shares 14,571 14,571 D
Option $ 44.1 04/28/2011 04/27/2018 Class A Common Shares 5,231 5,231 D
Option $ 51.76 05/18/2012 05/17/2019 Class A Common Shares 4,294 4,294 D
Option $ 53.38 05/15/2013 05/14/2020 Class A Common Shares 5,096 5,096 D
Option $ 68.14 05/14/2014 05/13/2021 Class A Common Shares 3,837 3,837 D
Option $ 75.16 05/13/2015 05/12/2022 Class A Common Shares 4,376 4,376 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SCAGLIOTTI NACKEY E
C/O MIRAMAR SERVICES, INC.
250 GRANDVIEW DRIVE, SUITE 400
FT. MITCHELL, KY41017
X X
Signatures
/s/ Tracy Tunney Ward on behalf of Miramar Services, Inc. as Attorney-In-Fact for Nackey E. Scagliotti 12/16/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On December 14, 2016, the reporting person contributed 20,833 Class A Common Shares, $.01 par value per share, to a philanthropic organization.
( 2 )These shares were previously reported as directly beneficially owned. On August 24, 2015, 190,494 Class A Common Shares were contributed to a grantor-retained annuity trust ("GRAT") of which the reporting person is trustee, and on October 24, 2016, this GRAT delivered 43,683 of such shares to the reporting person in satisfaction of its annuity obligations. On the reporting person's Forms 4 filed on March 21, 2016, March 9, 2016 and September 3, 2015, the shares held by this GRAT were incorrectly shown as directly rather than indirectly held.
( 3 )These shares were previously reported as directly beneficially owned. On August 31, 2015, 300,000 Common Voting Shares were contributed to a grantor-retained annuity trust ("GRAT") of which the reporting person is trustee, and on October 24, 2016, this GRAT delivered 113,156 of such shares to the reporting person in satisfaction of its annuity obligations. On the reporting person's Forms 4 filed on March 21, 2016, March 9, 2016 and September 3, 2015, the shares held by this GRAT were incorrectly shown as directly rather than indirectly held.

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 Amended and Restated Scripps Family Agreement dated May 19, 2015, to which the reporting person is a party. The reporting person filed a Schedule 13D with the Commission on January 24, 2013, as last amended on October 7, 2016.

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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