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*
Jablin Burton F
(Last) (First) (Middle)
312 WALNUT STREET, SUITE 1800
(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)
President, Scripps Networks
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2015
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 03/06/2015 M 813 A $0.00 8,391 D
Class A Common Shares, $.01 par value per share 03/06/2015 F 223 D $73.25 8,168 D
Class A Common Shares, $.01 par value per share 03/06/2015 M 1,127 A $0.00 9,295 D
Class A Common Shares, $.01 par value per share 03/06/2015 F 309 D $73.25 8,986 D
Class A Common Shares, $.01 par value per share 03/06/2015 M 683 A $0.00 9,669 D
Class A Common Shares, $.01 par value per share 03/06/2015 F 287 D $73.25 9,382 D
Class A Common Shares, $.01 par value per share 03/06/2015 M 2,216 A $0.00 11,598 D
Class A Common Shares, $.01 par value per share 03/06/2015 F 607 D $73.25 10,991 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) 03/06/2015 M 1,127 (2) (2) Class A Common 1,127 $0.00 0 D
Restricted Stock Units (1) 03/06/2015 M 813 (3) (3) Class A Common 1,625 $0.00 812 D
Restricted Stock Units (1) (4) (4) Class A Common 26,109 26,109 D
Restricted Stock Units (1) (5) (5) Class A Common 19,582 19,582 D
Restricted Stock Units (1) (6) (6) Class A Common 2,790 2,790 D
Option $81.24 03/01/2015 02/28/2022 Class A Common 36,961 36,961 D
Restricted Stock Units (1) 03/06/2015 M 2,216 (7) (7) Class A Common 6,647 $0.00 4,431 D
Restricted Stock Units (1) 03/06/2015 M 683 (8) (8) Class A Common 1,365 $0.00 682 D
Restricted Stock Unit (1) (6) (6) Class A Common 8,190 8,190 D
Option $72.3 03/01/2016 02/28/2023 Class A Common 47,479 47,479 D
Restricted Stock Unit (1) (9) (9) Class A Common 7,718 7,718 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one SNI Class A Common Share.
2. As reported hereon, the restricted stock units vested on 2/16/15 and were paid out in Class A Common Shares on 3/6/15.
3. As reported hereon, 50% of the restricted stock units vested on 2/14/15 and were paid out in Class A Common Shares on 3/6/15 and the remainder vest on 2/14/16.
4. The restricted stock units vest equally on 12/31/15 and 12/31/16.
5. The restricted stock units vest on 12/31/17.
6. The restricted stock units vest on 3/15/15.
7. As reported hereon, 1/3 of the restricted stock units vested on 3/1/15 and were paid out in Class A Common Shares on 3/6/15 and the remainder vest equally on 3/1/16 and 3/1/17.
8. As reported hereon, 50% of the restricted stock units vested on 2/27/15 and were paid out in Class A Common Shares on 3/6/15 and the remainder vest on 2/27/16.
9. The restricted stock units vest in equal installments on 3/1/16, 3/1/17 and 3/1/18.
Remarks:
/s/ Cynthia L. Gibson, Attorney-in-fact for Burton F. Jablin 03/10/2015
** 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.