Timothy J. O'Shaughnessy - Jul 6, 2023 Form 4 Insider Report for Graham Holdings Co (GHC)

Signature
/s/ Nicole Maddrey on behalf of Timothy J. O'Shaughnessy
Stock symbol
GHC
Transactions as of
Jul 6, 2023
Transactions value $
$0
Form type
4
Date filed
7/7/2023, 04:24 PM
Previous filing
Mar 8, 2023
Next filing
Sep 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHC Class B Common Stock Options Exercise $879K +2.06K +12.27% $426.86 18.9K Jul 6, 2023 Direct
holding GHC Class B Common Stock 4.1K Jul 6, 2023 Spouse
holding GHC Class B Common Stock 5.6K Jul 6, 2023 Trust for spouse and children F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GHC Stock Option (Right to Buy) Options Exercise -$879K -2.06K -2.82% $426.86 71K Jul 6, 2023 Class B Common Stock 2.06K $426.86 Direct F2, F3
holding GHC Class A Common Stock 48.6K Jul 6, 2023 Class B Common Stock 48.6K Trust for spouse F4, F5
holding GHC Class A Common Stock 2.7K Jul 6, 2023 Class B Common Stock 2.7K Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is a trustee of the trust that owns the reported securities, but he is not a beneficiary of such trust. The reporting person disclaims beneficial ownership of the reported securities.
F2 Grant of the stock option, with 12,876 vesting on each of September 10, 2021, September 10, 2022, September 10, 2023 and September 10, 2024 and 12,877 vesting on each of September 10, 2025 and September 10, 2026.
F3 After this exercise of 2,060 options, the reporting person has remaining 19,539 vested and exercisable and 51,506 unvested options.
F4 Shares of Class A Common Stock are convertible into shares of Class B Common Stock at any time on a one-for-one basis and have no expiration date.
F5 The reporting person is not a beneficiary of such trust. The reporting person disclaims beneficial ownership of the reported securities.