Cynthia L Gibson Form 4 Scripps Networks Interactive / Cynthia L Gibson 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^*

Gibson Cynthia L

(Last) (First) (Middle)

312 WALNUT STREET, SUITE 1800

(Street)

CINCINNATI OH 45202

(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	10% Owner
X	Officer (give title below)	Other (specify below)
EVP and CLO

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2015

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

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

X	Form filed by One Reporting Person
	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	03/06/2015		M		1,002	A	$0.00	17,455	D
Class A Common Shares, $.01 par value per share	03/06/2015		F		275	D	$73.25	17,180	D
Class A Common Shares, $.01 par value per share	03/06/2015		M		1,176	A	$0.00	18,356	D
Class A Common Shares, $.01 par value per share	03/06/2015		F		322	D	$73.25	18,034	D
Class A Common Shares, $.01 par value per share	03/06/2015		M		842	A	$0.00	18,876	D
Class A Common Shares, $.01 par value per share	03/06/2015		F		231	D	$73.25	18,645	D
Class A Common Shares, $.01 par value per share	03/06/2015		M		924	A	$0.00	19,569	D
Class A Common Shares, $.01 par value per share	03/06/2015		F		253	D	$73.25	19,316	D
Common Voting Shares, $.01 par value per share								0	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 (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
Option	$53.17							02/17/2012	02/16/2019	Class A Common	5,534		5,534	D
Option	$43.59							02/16/2013	02/15/2020	Class A Common	4,732		4,732	D
Restricted Stock Units	(1)	03/06/2015		M			1,176	(2)	(2)	Class A Common	1,176	$0.00	0	D
Restricted Stock Units	(1)							(3)	(3)	Class A Common	1,405		1,405	D
Option	$62.37							02/14/2014	02/13/2021	Class A Common	13,691		13,691	D
Restricted Stock Units	(1)	03/06/2015		M			1,002	(4)	(4)	Class A Common	2,004	$0.00	1,002	D
Restricted Stock Units	(1)							(5)	(5)	Class A Common	2,911		2,911	D
Option	$81.24							03/01/2015	02/28/2022	Class A Common	15,400		15,400	D
Restricted Stock Units	(1)	03/06/2015		M			924	(6)	(6)	Class A Common	2,770	$0.00	1,846	D
Restricted Stock Unit	(1)	03/06/2015		M			842	(7)	(7)	Class A Common	1,683	$0.00	841	D
Option	$72.3							03/01/2016	02/28/2023	Class A Common	20,102		20,102	D
Restricted Stock Units	(1)							(8)	(8)	Class A Common	3,268		3,268	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one SNI Class A Common Share.

2. As reported hereon, the restricted stock units vested on 2/16/15 and were paid out in Class A Common Shares on 3/6/15.

3. The restricted stock units vest on 11/14/15.

4. As reported hereon, 50% of the restricted stock units vested on 2/14/15 and were paid out in Class A Common Shares on 3/6/15 and the remainder vest on 2/14/16.

5. The restricted stock units vest on 3/15/15.

6. As reported hereon, 1/3 of the restricted stock units vested on 3/1/15, and were paid out in Class A Common Shares on 3/6/15 and the remainder vest equally on 3/1/16 and 3/1/17.

7. As reported hereon, 50% of the restricted stock unit vested on 2/27/15 and were paid out in Class A Common Shares on 3/6/15 and the remainder vest on 2/27/16.

8. The restricted stock units vest in equal installments on 3/1/16, 3/1/17 and 3/1/18.

Remarks:

	Cynthia L. Gibson	03/10/2015
	** Signature of Reporting Person	Date
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