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TEGNA INC Director's Dealing 2019

Jan 10, 2019

31281_dirs_2019-01-10_6a5028e3-094b-4ccd-8fa2-9138d8259bcb.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: TEGNA INC (TGNA)
CIK: 0000039899
Period of Report: 2019-01-01

Reporting Person: Harrison Akinyale S. (SVP, General Counsel and Sec.)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 14749 Direct
Common Stock 886.18 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock $ Common Stock (1007.1231) Direct
Restricted Stock Units $ Common Stock (5043) Direct
Restricted Stock Units $ Common Stock (3117) Direct
Restricted Stock Units $ Common Stock (9844) Direct

Footnotes

F1: Each share of phantom stock is payable in cash or stock, at the election of the reporting person, on various dates selected by the reporting person or otherwise provided in the Issuer's Deferred Compensation Plan.

F2: Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock.

F3: The restricted stock units (i) vested in three equal annual installments beginning on December 31, 2016, and (ii) will vest as to the remaining restricted stock units on December 31, 2019. Vested shares will be delivered to the reporting person upon the earliest to occur of the termination of employment of the reporting person, a change in control of the Issuer, and December 31, 2019.

F4: Each restricted stock unit represents a contingent right to receive one share of the underlying common stock.

F5: The restricted stock units underlying the original grant (i) vested as to 25% of the grant on each of December 31, 2017 and December 31, 2018, and (ii) will vest as to the remaining restricted stock units in two equal annual installments on each of December 31, 2019 and December 31, 2020. The corresponding shares of the Issuer's common stock underlying the original grant of restricted stock units (a) were delivered to the reporting person as to the applicable vested shares on each of January 2, 2018 and January 2, 2019, and (b) following vesting and unless delivered earlier following a change in control of the Issuer, will be delivered to the reporting person with respect to the restricted stock units that will vest on each of December 31, 2019 and December 31, 2020 in two equal annual installments beginning on January 2, 2020.

F6: The restricted stock units vest in four equal annual installments on each of February 28, 2019, February 29, 2020, February 28, 2021 and February 28, 2022 and, unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, the corresponding vested shares of the Issuer's common stock will be delivered to the reporting person in four equal annual installments beginning on March 1, 2019.