Timothy J. O'Shaughnessy - Mar 7, 2022 Form 4 Insider Report for Graham Holdings Co (GHC)

Signature
/s/ Nicole M. Maddrey for Timothy J. O'Shaughnessy
Stock symbol
GHC
Transactions as of
Mar 7, 2022
Transactions value $
$1,345,890
Form type
4
Date filed
3/8/2022, 03:31 PM
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHC Class B Common Stock Options Exercise $1.35M +3.15K +24.94% $426.86 15.8K Mar 7, 2022 Direct
holding GHC Class B Common Stock 4.1K Mar 7, 2022 Spouse
holding GHC Class B Common Stock 5.6K Mar 7, 2022 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 $0 -3.15K -4.08% $0.00 74.1K Mar 7, 2022 Class B Common Stock 3.15K $426.86 Direct F4, F5
holding GHC Class A Common Stock 48.6K Mar 7, 2022 Class B Common Stock Trust for spouse F2, F3
holding GHC Class A Common Stock 2.7K Mar 7, 2022 Class B Common Stock Spouse F2
* 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 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.
F3 The reporting person is not a beneficiary of such trust. The reporting person disclaims beneficial ownership of the reported securities.
F4 As previously reported on a Form 4/A filed on March 8, 2021 by the reporting person, the reporting person acquired stock options to purchase 77,258 shares of common stock, 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.
F5 After this exercise of 3,153 options, the reporting person has remaining 9,723 vested and exercisable options and 64,382 unvested options.