TEGNA INC — Director's Dealing 2018

Dec 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEGNA INC (TGNA)
CIK: 0000039899
Period of Report: 2018-12-06

Reporting Person: McClelland Clifton A. III (SVP, Cntlr and Prin. Acc. Off.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-06	Common Stock	M	7740	$8.40	Acquired	37205	Direct
2018-12-06	Common Stock	F	5830	$12.99	Disposed	31375	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-06	Employee Stock Option (Right to Buy)	$8.40	M	7740	Disposed	2018-12-10	Common Stock (7740)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2270.51	Indirect

Footnotes

F1: The option was previously reported as an option for 5,000 shares of common stock of the Issuer at an exercise price of $15.69 per share, but was adjusted to reflect the completions of the previously-announced spin-offs of (1) the Issuer's publishing business on June 29, 2015, and (2) the Issuer's digital automotive marketplace business on May 31, 2017.

F2: Represents (i) shares of common stock surrendered by the reporting person to pay the exercise price of non-qualified stock options exercised by the reporting person, and (ii) shares of common stock withheld to satisfy the reporting person's corresponding tax obligation, in each case, pursuant to the Issuer's 2001 Omnibus Incentive Compensation Plan (Amended and Restated as of May 4, 2010), as amended.

F3: The option is fully vested.