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*
SCAGLIOTTI NACKEY E

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/06/2012
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 12/06/2012 M 4,284 A $37.18 19,575 D
Class A Common Shares, $.01 par value per share 12/06/2012 S 4,284 D $56.4475 15,291 D
Class A Common Shares, $.01 par value per share 32,762,195 I(1) Former Trustee
Common Voting Shares, $.01 par value per share 32,080,000 I(1) Former 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
Option $37.18 12/06/2012 M 4,284 04/29/2004 04/28/2013 Class A Common 4,284 $0.00 0 D
Option $49.41 04/15/2005 04/14/2014 Class A Common 4,284 4,284 D
Option $47.87 04/14/2006 04/13/2015 Class A Common 4,284 4,284 D
Option $43.55 05/04/2007 05/03/2016 Class A Common 4,284 4,284 D
Option $40.42 04/26/2008 04/25/2017 Class A Common 9,639 4,284 D
Option $27.01 04/29/2010 04/28/2019 Class A Common 14,571 14,571 D
Option $44.1 04/28/2011 04/27/2018 Class A Common 5,231 5,231 D
Option $51.76 05/18/2012 05/17/2019 Class A Common 4,294 4,294 D
Option $53.38 05/15/2013 05/14/2020 Class A Common 5,096 5,096 D
Restricted Stock Units (2) (3) (3) Class A Common 1,500 1,500 D
Explanation of Responses:
1. The reporting person formerly was a Trustee of the Edward W. Scripps Trust (the "Trust"), which has terminated. During the winding up of the Trust, because of certain rights and power she has with respect to the shares of the company formerly held by the Trust, including rights as a remainder beneficiary of the Trust, she may be deemed to be the beneficial owner of a portion of the shares of the company formerly held by the Trust and to be the holder of more than 10% of each class of common shares of the company for purposes of reporting obligations under Section 16(a) of the Securities Exchange Act of 1934.
2. Each restricted stock unit represents a contingent right to receive one share of SNI Class A Common Shares.
3. The restricted stock units are payable within 30 days after 5/15/13.
Remarks:
/s/ Cynthia L. Gibson, Attorney-in-fact for Nackey E. Scagliotti 12/10/2012
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.