Burton F Jablin Form 4 Scripps Networks Interactive / Burton F Jablin 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^*

Jablin Burton F

(Last) (First) (Middle)

9721SHERRILL BOULEVARD

(Street)

KNOXVILLE TN 37932

(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)
Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2016

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	03/01/2016		M		2,216	A	$0.00	29,551	D
Class A Common Shares, $.01 par value per share	03/01/2016		F		607	D	$61.26	28,944	D
Class A Common Shares, $.01 par value per share	03/01/2016		M		2,573	A	$0.00	31,517	D
Class A Common Shares, $.01 par value per share	03/01/2016		F		796	D	$61.26	30,721	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	$43.59							02/16/2013	02/15/2020	Class A Common	4,536		4,536	D
Option	$62.37							02/14/2014	02/13/2021	Class A Common	11,101		11,101	D
Restricted Stock Units	(1)							(2)	(2)	Class A Common	13,054		13,054	D
Restricted Stock Units	(1)							(3)	(3)	Class A Common	19,582		19,582	D
Option	$81.24							03/01/2015	02/28/2022	Class A Common	36,961		36,961	D
Restricted Stock Units	(1)	03/01/2016		M			2,216	(4)	(4)	Class A Common	4,431	$0.00	2,215	D
Restricted Stock Units	(1)							(5)	(5)	Class A Common	682		682	D
Option	$72.3							03/01/2016	02/28/2023	Class A Common	47,479		47,479	D
Restricted Stock Unit	(1)	03/01/2016		M			2,573	(6)	(6)	Class A Common	7,718	$0.00	5,145	D
Restricted Stock Units	(1)	03/01/2016		A		12,231		(7)	(7)	Class A Common	12,231	$0.00	12,231	D
Option	$61.26	03/01/2016		A		87,632		03/01/2017(8)	02/29/2024	Class A Common	87,632	$0.00	87,632	D

Explanation of Responses:

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

2. The restricted stock units vest on 12/31/16.

3. The restricted stock units vest on 12/31/17.

4. As reported hereon, 50% of the restricted stock units vested on 3/1/16 and were paid out in Class A Common Shares and the remainder vest on 3/1/17.

5. The restricted stock units vest on 2/27/16.

6. As reported hereon, 1/3 of the restricted stock units vested on 3/1/16 and were paid out in Class A Common Shares and the remainder vest equally on 3/1/17 and 3/1/18.

7. The restricted stock units vest in equal installments on 3/1/17, 3/1/18 and 3/1/19.

8. This option is exercisable in equal installments on 3/1/17, 3/1/18 and 3/1/19.

Remarks:

	/s/ Cynthia L. Gibson, Attorney-in-fact for Burton F. Jablin	03/03/2016
	** Signature of Reporting Person	Date
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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