Graham Holdings Co — Director's Dealing 2018

Aug 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Graham Holdings Co (GHC)
CIK: 0000104889
Period of Report: 2018-08-02

Reporting Person: GRAHAM DONALD (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-02	Class B Common Stock	P	950	$546.61	Acquired	4750	Indirect
2018-08-02	Class B Common Stock	P	410	$549.5	Acquired	5160	Indirect
2018-08-03	Class B Common Stock	P	215	$556.75	Acquired	5375	Indirect
2018-08-03	Class B Common Stock	P	50	$557.5	Acquired	5425	Indirect
2018-08-03	Class B Common Stock	P	25	$559.55	Acquired	5450	Indirect
2018-08-03	Class B Common Stock	P	150	$561.55	Acquired	5600	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	3087	Indirect
Class B Common Stock	46638	Indirect
Class B Common Stock	1044	Indirect
Class B Common Stock	5000	Indirect
Class B Common Stock	60	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Stock	$		Class B Common Stock ()	150469	Direct
Class A Common Stock	$		Class B Common Stock ()	194505	Indirect
Class A Common Stock	$		Class B Common Stock ()	178555	Indirect
Class A Common Stock	$		Class B Common Stock ()	388225	Indirect
Class A Common Stock	$		Class B Common Stock ()	1800	Indirect

Footnotes

F1: The reporting person is a trustee of the trust that owns the reported securities, but he is not a beneficiary of such trust. The reporting person disclaims beneficial ownership of the reported securities.

F2: The reporting person disclaims beneficial ownership of the reported securities.

F3: The price reported in Column 4 is a weighted average price. These shares were purchased for the Laura O'Shaughnessy 2012 Family Trust by Timothy O'Shaughnessy, a co-trustee, in multiple transactions at prices ranging from $556.55 to $556.95, inclusive. The reporting person undertakes to provide to Graham Holdings Company, any security holder of Graham Holdings Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares purchased at each separate price within the range set forth in this footnote. The reporting person is a co-trustee of the trust that owns the reported securities, but he is not a beneficiary of such trust. The reporting person disclaims beneficial ownership of the reported securities.

F4: Shares of Class A Common Stock are convertible into shares of Class B Common Stock at any time on a one-for-one basis and have no expiration date.