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

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^*

LOWE KENNETH W

(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)
	Chairman, President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/14/2013

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	02/16/2013		M		7,886	A	$0.00	85,245	D
Class A Common Shares, $.01 par value per share	02/16/2013		F		2,150	D	$62.16	83,095	D
Class A Common Shares, $.01 par value per share	02/17/2013		M		6,207	A	$0.00	89,302	D
Class A Common Shares, $.01 par value per share	02/17/2013		F		2,604	D	$62.16	86,698	D
Class A Common Shares, $.01 par value per share	02/17/2013		M		8,464	A	$0.00	95,162	D
Class A Common Shares, $.01 par value per share	02/17/2013		F		2,361	D	$62.16	92,801	D
Class A Common Shares, $.01 par value per share								66,415	I	Wife's Trust
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	$45.59							02/22/2008	02/21/2015	Class A Common	133,875		133,875	D
Option	$39.8							02/21/2009	02/20/2016	Class A Common	133,875		133,875	D
Restricted Stock Units	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common	43,041		43,041	D
Option	$20.48							02/19/2010	02/18/2017	Class A Common	218,466		218,466	D
Option	$39.44							02/18/2011	02/17/2018	Class A Common	103,147		103,147	D
Option	$53.17							02/17/2012	02/16/2019	Class A Common	79,090		79,090	D
Restricted Stock Units	⁽²⁾	02/17/2013		M			6,207	⁽³⁾	⁽³⁾	Class A Common	12,413	$0.00	6,206	D
Restricted Stock Units	⁽²⁾	02/17/2013		M			8,464	⁽⁴⁾	⁽⁴⁾	Class A Common	8,464	$0.00	0	D
Restricted Stock Units	⁽²⁾							⁽⁵⁾	⁽⁵⁾	Class A Common	23,555		23,555	D
Option	$43.59							02/16/2013	02/15/2020	Class A Common	95,222		95,222	D
Restricted Stock Units	⁽²⁾	02/16/2013		M			7,886	⁽⁶⁾	⁽⁶⁾	Class A Common	23,658	$0.00	15,772	D
Restricted Stock Units	⁽²⁾							⁽⁷⁾	⁽⁷⁾	Class A Common	100,000		100,000	D
Option	$62.37	02/14/2013		A		77,560		02/14/2014⁽⁸⁾	02/13/2021	Class A Common	77,560	$0.00	77,560	D
Restricted Stock Units	⁽²⁾	02/14/2013		A		17,030		⁽⁹⁾	⁽⁹⁾	Class A Common	17,030	$0.00	17,030	D

Explanation of Responses:

1. Pursuant to the Company's 2008 Long-Term Incentive Plan, the reporting person holds 43,041 restricted share units which shall be exchanged for Class A Common Shares of the Company following the reporting person's retirement or termination of his employment under certain circumstances as set forth in a Restricted Share Unit Agreement between the Company and the reporting person.

2. Each restricted stock unit represents a contingent right to receive one SNI Class A Common Share.

3. The restricted stock units vest in equal installments on 2/17/13 and 2/17/14. As reported hereon, 1/2 vested on 2/17/13 and were converted to Class A Common Shares.

4. The restricted stock units vested on 2/17/13 and as reported hereon were converted to Class A Common Shares.

5. The restricted stock units vest on 3/15/13.

6. The restricted stock units vest in equal installments on 2/16/13, 2/16/14 and 2/16/15. As reported hereon, 1/3 vested on 2/16/13 and were converted to Class A Common Shares.

7. The restricted stock units vest 25% on 8/1/13, 25% on 8/1/14 and 50% on 8/1/15.

8. This option is exercisable in equal installments on 2/14/14, 2/14/15 and 2/14/16.

9. 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 Kenneth W. Lowe	02/19/2013
	** 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).
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.