TEGNA INC — Director's Dealing 2019

Dec 9, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEGNA INC (TGNA)
CIK: 0000039899
Period of Report: 2019-12-06

Reporting Person: Shapiro Neal (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-06	Common Stock	M	12385	$7.45	Acquired	14635	Direct
2019-12-06	Common Stock	M	17140	$7.45	Acquired	31775	Direct
2019-12-06	Common Stock	F	14074	$15.63	Disposed	17701	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-06	Director Stock Option (Right to Buy)	$7.45	M	12385	Disposed	2020-05-01	Common Stock (12385)	Direct
2019-12-06	Director Stock Option (Right to Buy)	$7.45	M	17140	Disposed	2020-05-01	Common Stock (17140)	Direct

Footnotes

F1: Represents shares of common stock surrendered by the reporting person to pay the exercise price of non-qualified stock options exercised by the reporting person pursuant to the Issuer's 2001 Omnibus Incentive Compensation Plan (Amended and Restated as of May 4, 2010), as amended.

F2: The option was previously reported as an option for 8,000 shares of common stock of the Issuer at an exercise price of $13.91 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.

F3: The option is fully vested.

F4: The option was previously reported as an option for 11,071 shares of common stock of the Issuer at an exercise price of $13.91 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.