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TEGNA INC — Director's Dealing 2010
Apr 19, 2010
31281_dirs_2010-04-19_a061c187-c55c-4847-879d-99501d75711e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2010-04-19
Reporting Person: Saridakis Christopher D (Senior VP & Chief Digital Ofc.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-04-19 | Common Stock | M | 24000 | $3.75 | Acquired | 34201 | Direct |
| 2010-04-19 | Common Stock | S | 24000 | $18.0937 | Disposed | 10201 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-04-19 | Employee Stock Option (Right to Buy) | $3.75 | M | 24000 | Disposed | 2017-02-24 | Common Stock (24000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 728.126 | Indirect |
Footnotes
F1: The option vested as to 24,000 shares on February 25, 2010 and would have vested as to the remaining shares in three equal annual installments beginning on February 25, 2011; however, as disclosed in the Issuer's Current Report on Form 8-K dated April 7, 2010, Mr. Saridakis has notified the Issuer that he intends to leave the Issuer's employ at the end of April 2010 and, as such, all remaining unvested options will be forfeited as of such date.
F2: The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.14, 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.