TEGNA INC - Director's Dealing 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2003-12-03

Reporting Person: DAVIDSON PAUL (Chief Exec/Newsquest Media Grp)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-03	Common Stock	M	3083	$71.5625	Acquired	7525	Direct
2003-12-03	Common Stock	M	10500	$70.21	Acquired	18025	Direct
2003-12-03	Common Stock	S	400	$88.44	Disposed	17625	Direct
2003-12-03	Common Stock	S	300	$88.50	Disposed	17325	Direct
2003-12-03	Common Stock	S	5600	$88.40	Disposed	11725	Direct
2003-12-03	Common Stock	S	400	$88.45	Disposed	11325	Direct
2003-12-03	Common Stock	S	1100	$88.41	Disposed	10225	Direct
2003-12-03	Common Stock	S	1664	$88.47	Disposed	8561	Direct
2003-12-03	Common Stock	S	100	$88.46	Disposed	8461	Direct
2003-12-03	Common Stock	S	2000	$88.48	Disposed	6461	Direct
2003-12-03	Common Stock	S	400	$88.49	Disposed	6061	Direct
2003-12-04	Common Stock	M	10000	$69.35	Acquired	16061	Direct
2003-12-04	Common Stock	S	200	$88.37	Disposed	15861	Direct
2003-12-04	Common Stock	S	100	$88.28	Disposed	15761	Direct
2003-12-04	Common Stock	S	1300	$88.32	Disposed	14461	Direct
2003-12-04	Common Stock	S	100	$88.34	Disposed	14361	Direct
2003-12-04	Common Stock	S	200	$88.23	Disposed	14161	Direct
2003-12-04	Common Stock	S	200	$88.22	Disposed	13961	Direct
2003-12-04	Common Stock	S	1200	$88.21	Disposed	12761	Direct
2003-12-04	Common Stock	S	5013	$88.33	Disposed	7748	Direct
2003-12-04	Common Stock	S	100	$88.31	Disposed	7648	Direct
2003-12-04	Common Stock	S	300	$88.27	Disposed	7348	Direct
2003-12-05	Common Stock	M	3375	$54.31	Acquired	10723	Direct
2003-12-05	Common Stock	S	415	$86.79	Disposed	10308	Direct
2003-12-05	Common Stock	S	2200	$86.74	Disposed	8108	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-03	Employee Stock Option (right to buy)	$71.5625	M	3083	Disposed	2009-11-30	Common Stock (3083)	Direct
2003-12-03	Employee Stock Option (right to buy)	$70.21	M	10500	Disposed	2012-12-03	Common Stock (10500)	Direct
2003-12-04	Employee Stock Option (right to buy)	$69.35	M	10000	Disposed	2011-12-02	Common Stock (10000)	Direct
2003-12-05	Employee Stock Option (right to buy)	$54.31	M	3375	Disposed	2010-12-05	Common Stock (3375)	Direct

F1: The initial option for 13,000 shares vested in four equal annual installments beginning on November 30, 2000.

F2: The initial option for 42,000 shares vests in four equal annual installments beginning on December 3, 2003.

F3: The initial option for 40,000 shares vests in four equal annual installments beginning on December 4, 2002.

F4: The initial option for 13,500 shares vests in four equal annual installments beginning on December 5, 2001.