TEGNA INC — Director's Dealing 2014

Jan 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2014-01-01

Reporting Person: Payne David A. (Sr . VP/Chief Digital Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-02	Common Stock	M	23000	$14.87	Acquired	23000	Direct
2014-01-02	Common Stock	S	23000	$29.4493	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-01	Restricted Stock Units	$	A	10570	Acquired	2017-12-31	Common Stock (10570)	Direct
2014-01-02	Employee Stock Option (Right to Buy)	$14.87	M	23000	Disposed	2018-12-10	Common Stock (23000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2512	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 $29.36 to $29.575, 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: Each restricted stock unit represents a contingent right to receive one share of the underlying common stock.

F3: The option is vested with respect to 37,500 shares and vests with respect to the remaining shares on December 10, 2014.