Neal Shapiro - 07 May 2021 Form 4 Insider Report for TEGNA INC (TGNA)

Role
Director
Signature
/s/ Akin S. Harrison, attorney-in-fact
Issuer symbol
TGNA
Transactions as of
07 May 2021
Net transactions value
-$1.54
Form type
4
Filing time
11 May 2021, 18:00:25 UTC
Next filing
21 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGNA Common Stock Options Exercise $120,297 +10,976 +62% $10.96 28,677 07 May 2021 Direct
transaction TGNA Common Stock Tax liability $120,298 -6,030 -21% $19.95 22,647 07 May 2021 Direct 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 TGNA Director Stock Option (Right to Buy) Options Exercise $0 -10,976 -100% $0.000000* 0 07 May 2021 Common Stock 10,976 $10.96 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock surrendered by the reporting person to pay the exercise price of non-qualified stock options exercised by the reporting person pursuant to the Issuer's 2001 Omnibus Incentive Compensation Plan (Amended and Restated as of May 4, 2010), as amended.
F2 The option was previously reported as an option for 7,090 shares of common stock of the Issuer at an exercise price of $20.48 per share, but was adjusted to reflect the completions of the previously-announced spin-offs of (1) the Issuer's publishing business on June 29, 2015, and (2) the Issuer's digital automotive marketplace business on May 31, 2017.
F3 The option is fully vested.