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TEGNA INC Director's Dealing 2020

Mar 4, 2020

31281_dirs_2020-03-03_105f1ef4-e7f3-4c5b-a36f-39d1078b1d25.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEGNA INC (TGNA)
CIK: 0000039899
Period of Report: 2020-02-29

Reporting Person: Harker Victoria D (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-29 Common Stock M 12921 Acquired 262413 Direct
2020-02-29 Common Stock M 12600 Acquired 275013 Direct
2020-02-29 Common Stock F 11511 $14.32 Disposed 263502 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-29 Restricted Stock Units $ M 12921 Disposed Common Stock (12921) Direct
2020-02-29 Restricted Stock Units $ M 12600 Disposed Common Stock (12600) Direct
2020-02-29 Restricted Stock Units $ A 46256 Acquired Common Stock (46256) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the underlying common stock.

F2: Represents shares of common stock withheld to satisfy the reporting person's tax obligation upon the vesting of restricted stock units and the corresponding acquisition of shares of common stock by the reporting person pursuant to the Issuer's 2001 Omnibus Incentive Compensation Plan (Amended and Restated as of May 4, 2010), as amended.

F3: The restricted stock units vested as to 12,921 shares on February 29, 2020 and vest as to the remaining shares in two equal installments on each of February 28, 2021 and February 28, 2022. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on March 1, 2020 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in two equal annual installments beginning on March 1, 2021.

F4: The restricted stock units vested as to 12,600 shares on February 29, 2020 and vest as to the remaining shares in three equal annual installments on each of February 28, 2021, February 28, 2022, and February 28, 2023. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on March 1, 2020 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in three equal annual installments beginning on March 1, 2021.

F5: The restricted stock units vest in four equal annual installments on each of February 28, 2021, February 28, 2022, February 28, 2023, and February 29, 2024 and, unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, will be delivered to the reporting person in four equal annual installments beginning on March 1, 2021.