TEGNA INC — Director's Dealing 2014

Mar 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2014-03-07

Reporting Person: Behan William A. (Senior VP/Labor Relations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-07	Common Stock	M	1250	$13.16	Acquired	9405.852	Direct
2014-03-07	Common Stock	M	6000	$15.93	Acquired	15405.852	Direct
2014-03-07	Common Stock	M	5500	$16.23	Acquired	20905.852	Direct
2014-03-07	Common Stock	S	12750	$29.0854	Disposed	8155.852	Direct
2014-03-10	Common Stock	S	8155.852	$29.3577	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-07	Employee Stock Option (Right to Buy)	$13.16	M	1250	Disposed	2017-12-11	Common Stock (1250)	Direct
2014-03-07	Employee Stock Option (Right to Buy)	$15.93	M	6000	Disposed	2017-12-11	Common Stock (6000)	Direct
2014-03-07	Employee Stock Option (Right to Buy)	$16.23	M	5500	Disposed	2019-02-22	Common Stock (5500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	418	Indirect

Footnotes

F1: The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $29.00 to $29.20, 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.

F2: The option is fully vested.

F3: The option is vested with respect to 5,500 shares and vests with respect to the remaining shares on February 23, 2015.