Douglas E. Horne - Mar 24, 2023 Form 4 Insider Report for Gannett Co., Inc. (GCI)

Role
CFO and CAO
Signature
/s/ Polly Grunfeld Sack, Attorney-in-Fact for Douglas E. Horne
Stock symbol
GCI
Transactions as of
Mar 24, 2023
Transactions value $
-$19,810
Form type
4
Date filed
3/27/2023, 04:34 PM
Previous filing
Mar 6, 2023
Next filing
Apr 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCI Common Stock Tax liability -$19.8K -10.8K -1.51% $1.83 706K Mar 24, 2023 Direct F1
transaction GCI Common Stock Award $0 +314K +44.48% $0.00 1.02M Mar 24, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover tax withholding obligations on the vesting of restricted stock.
F2 This restricted stock award was issued in a transaction exempt under Rule 16b-3 and will vest one-third on each of the first three anniversaries of the grant date, subject to the reporting person's continued service as an employee through each vesting date and the terms of the award agreement.