Sec Form 4 Filing - SCRIPPS PAUL K @ Scripps Networks Interactive, Inc. - 2016-03-16

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 PAUL K
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 ARISTON SERVICES GROUP, LLC, 750 'B' STREET, SUITE 2630
3. Date of Earliest Transaction (MM/DD/YY)
03/16/2016
(Street)
SAN DIEGO, CA92101
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 03/16/2016 M 8,568 A $ 43.55 8,568 D
Class A Common Shares, $.01 par value per share 03/16/2016 S 5,675 D $ 65.8248 ( 1 ) 2,893 D
Class A Common Shares, $.01 par value per share 04/19/2016 G 2,893 D $ 0 0 D
Class A Common Shares, $.01 par value per share 04/19/2016 G 2,893 A $ 0 14,078 ( 2 ) I As Trustee
Common Voting Shares, $.01 par value per share 349,018 ( 3 ) I As Co-Trustee
Common Voting Shares, $.01 par value per share 349,018 ( 4 ) I As Co-Trustee
Common Voting Shares, $.01 par value per share 349,018 ( 5 ) I A s Co-Trustee
Common Voting Shares, $.01 par value per share 49,382 ( 6 ) I As Co-Trustee
Common Voting Shares, $.01 par value per share 33,780 ( 7 ) I As 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
Option $ 43.55 03/16/2016 M 8,568 05/04/2007 05/03/2016 Class A Common Shares 8,568 $ 0 0 D
Option $ 40.42 04/26/2008 04/25/2017 Class A Common Shares 8,568 8,568 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SCRIPPS PAUL K
C/O ARISTON SERVICES GROUP, LLC
750 'B' STREET, SUITE 2630
SAN DIEGO, CA92101
X
PAUL K. SCRIPPS FAMILY REVOCABLE TRUST
C/O ARISTON SERVICES GROUP, LLC
750 'B' STREET, SUITE 2630
SAN DIEGO, CA92101
X
JOHN P. SCRIPPS TRUST UNDER AGREEMENT DATED 2/10/77 FBO BARBARA SCRIPPS EVANS
C/O ARISTON SERVICES GROUP, LLC
750 ?B? STREET, SUITE 2630
SAN DIEGO, CA92101
X
JOHN P. SCRIPPS TRUST EXEMPT TRUST UNDER AGREEMENT DATED 2/10/77
C/O ARISTON SERVICES GROUP, LLC
750 ?B? STREET, SUITE 2630
SAN DIEGO, CA92101
X
JOHN P. SCRIPPS TRUST FBO ELLEN MCRAE SCRIPPS UNDER AGREEMENT DATED 12/28/84
C/O ARISTON SERVICES GROUP, LLC
750 'B' STREET, SUITE 2630
SAN DIEGO, CA92101
X
JOHN P. SCRIPPS TRUST FBO PAUL K. SCRIPPS UNDER AGREEMENT DATED 2/10/77
C/O ARISTON SERVICES GROUP, LLC
750 ?B? STREET, SUITE 2630
SAN DIEGO, CA92101
X
JOHN P. SCRIPPS TRUST UNDER AGREEMENT DATED 2/10/77 FBO PETER M. SCRIPPS
C/O ARISTON SERVICES GROUP, LLC
750 ?B? STREET, SUITE 2630
SAN DIEGO, CA92101
X
Signatures
/s/ Tracy Tunney Ward, on behalf of Miramar Services, Inc., as Attorney-in-fact for Paul K. Scripps 04/25/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Price reported is the average weighted price of shares sold. Shares were sold at varying prices in the range of $65.80 - $65.8825. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
( 2 )These shares are owned directly by The Paul K. Scripps Family 1994 Revocable Trust dated 2/7/1994 and indirectly by Paul K. Scripps, the Trustee of The Paul K. Scripps Family 1994 Revocable Trust dated 2/7/1994.
( 3 )These shares are owned directly by the John P. Scripps Trust FBO Barbara Scripps Evans U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust FBO Barbara Scripps Evans U/A dated 2/10/77.
( 4 )These shares are owned directly by the John P. Scripps Trust FBO Paul K. Scripps U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust FBO Paul K. Scripps U/A dated 2/10/77.
( 5 )These shares are owned directly by the John P. Scripps Trust FBO Peter M. Scripps U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust FBO Peter M. Scripps U/A dated 2/10/77.
( 6 )These shares are owned directly by the John P. Scripps Trust FBO Exempt Trust U/A dated 2/10/77 and indirectly by Paul K. Scripps, a Co-Trustee of the John P. Scripps Trust Exempt Trust U/A dated 2/10/77.
( 7 )These shares are owned directly by the John P. Scripps Trust FBO Ellen McRae Scripps U/A dated 12/28/1984 and indirectly by Paul K. Scripps, the Trustee of the John P. Scripps Trust FBO Ellen McRae Scripps U/A dated 12/28/1984.

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 Agreemen t 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 amended March 18, 2013, September 20, 2013, April 1, 2014, July 7, 2014, October 10, 2014, January 14, 2015, June 5, 2015, October 1, 2015 and December 31, 2015.

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