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*
NECASTRO JOSEPH G

(Last) (First) (Middle)
312 WALNUT STREET, 18TH FLOOR

(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)
Chief Fin'l & Admin. Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2012
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 08/13/2012 M 71,809 A $20.48 109,876 D
Class A Common Shares, $.01 par value per share 08/13/2012 S 71,809 D $60.9842 (1) 38,067 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 $20.48 08/13/2012 M 71,809 02/19/2010 02/18/2017 Class A Common 71,809 $0.00 0 D
Option $39.44 02/18/2011 02/17/2018 Class A Common 47,945 47,945 D
Restricted Stock Units (2) (3) (3) Class A Common 76,065 76,065 D
Option $53.17 02/17/2012 02/16/2019 Class A Common 37,148 37,148 D
Restricted Stock Units (2) (4) (4) Class A Common 5,830 5,830 D
Restricted Stock Units (2) (5) (5) Class A Common 10,949 10,949 D
Option $43.59 02/16/2013 02/15/2020 Class A Common 45,153 45,153 D
Restricted Stock Units (2) (6) (6) Class A Common 11,219 11,219 D
Restricted Stock Units (2) (7) (7) Class A Common 3,442 3,442 D
Explanation of Responses:
1. Price reported is the average weighted price of shares sold. Shares were sold at varying prices in the range of $60.96 - $61.01. 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. Each restricted stock unit represents a contingent right to receive one share of SNI Class A Common Shares.
3. The restricted stock units vest 25% on March 29, 2013, 25% on March 29, 2014 and 50% on March 29, 2015.
4. The restricted stock units vest in equal installments on 2/17/13 and 2/17/14.
5. The restricted stock units vest on 3/15/13.
6. The restricted stock units vest in equal installments on 2/16/13, 2/16/14 and 2/16/15.
7. The restricted stock units vest 50% on 2/16/13 and 50% on 2/16/14.
Remarks:
/s/ Anatolio B. Cruz III, Attorney-in-fact for Joseph G. NeCastro 08/13/2012
** 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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