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: 2012-08-22

Reporting Person: Williams John A (President - Digital Ventures)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-22	Common Stock	M	48000	$3.75	Acquired	55182	Direct
2012-08-22	Common Stock	S	48000	$15.3637	Disposed	7182	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-22	Employee Stock Option (Right to Buy)	$3.75	M	48000	Disposed	2017-02-24	Common Stock (48000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11497	Indirect

Footnotes

F1: The option vested as to 72,000 shares on each of February 25, 2010, February 25, 2011 and February 25, 2012 and vests as to the remaining 24,000 shares on February 25, 2013.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.17 to $15.4701, 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 range set forth in this footnote.