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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* Weber Jennifer L (Last) (First) (Middle) 312 WALNUT STREET, 28TH 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) SVP of Human Resources
	3. Date of Earliest Transaction (Month/Day/Year) 07/25/2008
	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	07/25/2008		J(1)		17,445(1)	A	(1)	17,445(1)	D
Class A Common Shares, $.01 par value per share								5,403	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	$46.61	07/25/2008		J(2)		10,710(2)		09/01/2006	08/31/2013	Class A Common	10,710(2)	$0.00	10,710	D
Option	$45.67	07/25/2008		J(2)		21,420(2)		02/22/2007	02/21/2014	Class A Common	21,420(2)	$0.00	21,420	D
Option	$45.59	07/25/2008		J(2)		24,097(2)		02/22/2008	02/21/2015	Class A Common	24,097(2)	$0.00	24,097	D
Option	$39.8	07/25/2008		J(2)		26,775(2)		02/21/2009	02/20/2016	Class A Common	26,775(2)	$0.00	26,775	D

Explanation of Responses:

1. The reporting person received one Scripps Networks Interactive, Inc. ("SNI") restricted Class A Common Share for each restricted Class A Common Share of The E. W. Scripps Company ("EWS") pursuant to the spin-off of its networks and interactive media business on July 1, 2008. Thereafter, the EWS restricted Class A Common Shares were converted to SNI restricted Class A Common Shares based on a conversion ratio equal to the 10-day weighted average price of EWS Class A Common Shares immediately following the distribution date divided by the 10-day weighted average price of SNI Class A Common Shares immediately following the distribution date. All SNI restricted shares retained the same restrictions as the original EWS restricted share awards.

2. Represents the number of options to purchase Class A Common Shares of Scripps Networks Interactive, Inc. ("SNI") the reporting person received in connection with the dividend distribution from The E. W. Scripps Company ("EWS") pursuant to the spin-off of its networks and interactive media business on 7/1/08. All EWS options were converted to SNI options. The reported exercise price and the number of shares subject to the SNI options were adjusted to maintain the economic value of the EWS options. All other terms of the options remain the same. The adjustments to the exercise price and the number of shares underlying the options were based on a conversion ratio calculated by taking the 10-day weighted average of SNI Class A Common Shares immediately following the distribution date and dividing it by the 10-day weighted average price of EWS Class A Common Shares immediately prior to the distribution date.

Remarks:

	/s/ Anatolio B. Cruz III, Attorney-in-fact for Jennifer L. Weber	07/25/2008
	** 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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