Scripps Networks Interactive (SNI) Form 4 Scripps Networks Interactive / Family 1992 Revocable Trust, dated 06-09-92 Scripps ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Scripps William H.

(Last) (First) (Middle)

C/O LIDO ADVISORS

9100 WILSHIRE BLVD., SUITE 350 WEST

(Street)

BEVERLY HILLS CA 90212

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	03/08/2017		S(1)		166,708	D	$78.48	0(2)	I(2)	As co-trustee
Common Voting Shares, $.01 par value per share								1,604,000	I(3)	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

1. Name and Address of Reporting Person^*

Scripps William H.

(Last) (First) (Middle)

C/O LIDO ADVISORS

9100 WILSHIRE BLVD., SUITE 350 WEST

(Street)

BEVERLY HILLS CA 90212

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Scripps Kathryn A.

(Last) (First) (Middle)

C/O LIDO ADVISORS

9100 WILSHIRE BLVD., SUITE 350 WEST

(Street)

BEVERLY HILLS CA 90212

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Scripps Family 1992 Revocable Trust, dated 06-09-92

(Last) (First) (Middle)

C/O LIDO ADVISORS

9100 WILSHIRE BLVD., SUITE 350 WEST

(Street)

BEVERLY HILLS CA 90212

(City) (State) (Zip)

Explanation of Responses:

1. The transactions represent sales of shares 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.

2. Following the transactions the Reporting Person owns no Class A Common shares.

3. 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 Common Shares of the Issuer due to the convertibility of Common Voting Shares of the Company into Class A Common Shares on a share-for-share basis and 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 subsequently amended, most recently on January 4, 2017.

	/s/ William H. Scripps	03/08/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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