TEGNA INC — Director's Dealing 2012

May 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2012-05-17

Reporting Person: SALEH PAUL N (Senior VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-17	Common Stock	M	35750	$12.67	Acquired	35750	Direct
2012-05-17	Common Stock	S	35750	$13.2492	Disposed	0	Direct
2012-05-18	Common Stock	M	9250	$12.67	Acquired	9250	Direct
2012-05-18	Common Stock	S	9250	$13.13	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-17	Employee Stock Option (Right to Buy)	$12.67	M	35750	Disposed		Common Stock (35750)	Direct
2012-05-18	Employee Stock Option (Right to Buy)	$12.67	M	9250	Disposed		Common Stock (9250)	Direct

Footnotes

F1: The option vested as to 45,000 shares on December 10, 2011 and will expire as to the remaining 135,000 shares on May 20, 2012, upon termination of the reporting person's employment with the Issuer.