TEGNA INC — Director's Dealing 2014

May 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2014-05-01

Reporting Person: ELIAS HOWARD D (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-01	Phantom Stock	$	A	3535	Acquired		Common Stock (3535)	Direct
2014-05-01	Phantom Stock	$	A	3213	Acquired		Common Stock (3213)	Direct

Footnotes

F1: Each share of phantom stock is the economic equivalent of one share of Gannett Common Stock.

F2: These shares of phantom stock vest in four equal quarterly installments beginning on August 1, 2014 and are payable in cash or stock, at the election of the reporting person, on various dates selected by the reporting person or as otherwise provided in the Issuer's Deferred Compensation Plan.

F3: These shares of phantom stock vest in thirty-six equal monthly installments beginning on June 1, 2014. The shares of phantom stock are payable in cash or stock, at the election of the reporting person, on various dates selected by the reporting person or as otherwise provided in the Issuer's Deferred Compensation Plan.