TEGNA INC — Director's Dealing 2010

Dec 14, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2010-12-10

Reporting Person: Mayman Todd A. (Sen. VP, Gen. Counsel and Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-13	Common Stock	M	5750	$7.53	Acquired	7105.437	Direct
2010-12-13	Common Stock	M	17500	$4.37	Acquired	24605.437	Direct
2010-12-13	Common Stock	S	23250	$15.6161	Disposed	1355.437	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-10	Restricted Stock Units	$	A	22000	Acquired	2014-12-10	Common Stock (22000)	Direct
2010-12-13	Employee Stock Option (Right to Buy)	$7.53	M	5750	Disposed	2016-12-12	Common Stock (5750)	Direct
2010-12-13	Employee Stock Option (Right to Buy)	$4.37	M	17500	Disposed	2016-12-12	Common Stock (17500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2818	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the underlying common stock.

F2: The option has vested as to 5,750 shares and will vest as to the remaining shares in two equal annual installments beginning on December 12, 2011.

F3: The option has vested as to 17,500 shares and will vest as to the remaining shares in two equal annual installments beginning on December 12, 2011.

F4: The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $15.6001to $15.635, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.