SEC FORM 4

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^*

LANSING JOHN F

(Last)

(First)

(Middle)

312 WALNUT STREET, 18TH FLOOR

(Street)

CINCINNATI

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)
	President, Scripps Networks

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2013

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Shares, $.01 par value per share	03/19/2013		S		6,485	D	$64.7929⁽¹⁾	0	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option	$39.44							02/18/2011	02/17/2018	Class A Common	16,309		16,309	D
Restricted Stock Units	⁽²⁾							⁽³⁾	⁽³⁾	Class A Common	45,639		45,639	D
Option	$53.17							02/17/2012	02/16/2019	Class A Common	38,826		38,826	D
Restricted Stock Units	⁽²⁾							⁽⁴⁾	⁽⁴⁾	Class A Common	3,047		3,047	D
Option	$43.59							02/16/2013	02/15/2020	Class A Common	47,092		47,092	D
Restricted Stock Units	⁽²⁾							⁽⁵⁾	⁽⁵⁾	Class A Common	7,800		7,800	D
Option	$62.37							02/14/2014	02/13/2021	Class A Common	37,240		37,240	D
Restricted Stock Units	⁽²⁾							⁽⁶⁾	⁽⁶⁾	Class A Common	8,177		8,177	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 $64.71 - $64.85. 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 SNI Class A Common Share.

3. 15,213 restricted stock units vest on 3/29/13, of which 7,607 restricted stock units are payable in stock on 3/29/14 and 7,606 restricted stock units are payable in stock on 3/29/15; 15,213 restricted stock units vest on 3/29/14 and are payable in stock on 3/29/15; the remaining 15,213 restricted stock units vest and are payable in stock on 3/29/15.

4. The restricted stock units vest on 2/17/14.

5. The restricted stock units vest in equal installments on 2/16/14 and 2/16/15.

6. The restricted stock units vest in equal installments on 2/14/14, 2/14/15 and 2/14/16.

Remarks:

	/s/ Cynthia L. Gibson, Attorney-in-fact for John F. Lansing	03/20/2013
	** 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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