TEGNA INC — Director's Dealing 2012

Aug 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2012-08-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-24	Common Stock	M	2875	$7.53	Acquired	5632.437	Direct
2012-08-24	Common Stock	M	8750	$4.37	Acquired	14382.437	Direct
2012-08-24	Common Stock	S	11625	$15.4411	Disposed	2757.437	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-24	Employee Stock Option (Right to Buy)	$7.53	M	2875	Disposed	2016-12-12	Common Stock (2875)	Direct
2012-08-24	Employee Stock Option (Right to Buy)	$4.37	M	8750	Disposed	2016-12-12	Common Stock (8750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5700	Indirect

Footnotes

F1: The option vested with respect to 2,875 shares on each of December 12, 2009, December 12, 2010 and December 12, 2011 and will vest as to 2,875 shares on December 12, 2012.

F2: The option vested with respect to 8,750 shares on each of December 12, 2009, December 12, 2010 and December 12, 2011 and will vest as to 8,750 shares on December 12, 2012.

F3: The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $15.4401 to $15.45, 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.