XNYS:SNI Scripps Networks Interactive Inc Insider Activity 4 Filing - 3/23/2012

Effective Date 3/23/2012

XNYS:SNI Fair Value Estimate
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XNYS:SNI Consider Buying
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XNYS:SNI Fair Value Uncertainty
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XNYS:SNI Economic Moat
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XNYS:SNI Stewardship
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Boydston Chad M
  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 & Controller
(Last)
(First)
(Middle)
312 WALNUT STREET, 18TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
03/23/2012
(Street)

CINCINNATI, OH 45202
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 03/23/2012   S   2,254 D $48.824 4,081 D  
Common Voting Shares, $.01 par value per share               0 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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             02/19/2010 02/18/2017 Class A Common 5,320   5,320 D  
Option $39.44             02/18/2011 02/17/2018 Class A Common 2,515   2,515 D  
Option $53.17             02/17/2012 02/16/2019 Class A Common 2,335   2,335 D  
Restricted Stock Units (1)               (2)   (2) Class A Common 366   366 D  
Restricted Stock Units (1)               (2)   (2) Class A Common 1,881   1,881 D  
Restricted Stock Units (1)               (3)   (3) Class A Common 574   574 D  
Option $43.59             02/16/2013 02/15/2020 Class A Common 2,996   2,996 D  
Restricted Stock Units (1)               (4)   (4) Class A Common 745   745 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Boydston Chad M
312 WALNUT STREET, 18TH FLOOR
CINCINNATI, OH 45202
      SVP & Controller  

Signatures

 /s/ Anatolio B. Cruz III, Attorney-in-fact for Chad M. Boydston   03/23/2012
** Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Each restricted stock unit represents a contingent right to receive one share of SNI Class A Common Shares.
(2) The restricted stock units vest in equal installments on 2/17/13 and 2/17/14.
(3) The restricted stock units vest on 3/15/13.
(4) The restricted stock units vest in equal installments on 2/16/13, 2/16/14 and 2/16/15.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XNYS:SNI Scripps Networks Interactive Inc Insider Activity 4 Filling

Scripps Networks Interactive Inc XNYS:SNI Stock - Get Insider Activity SEC Filing of Scripps Networks Interactive Inc XNYS:SNI stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

XNYS:SNI Scripps Networks Interactive Inc Insider Activity 4 Filing - 3/23/2012
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