Lynn B. Trelstad - 28 Feb 2022 Form 4 Insider Report for TEGNA INC (TGNA)

Signature
/s/ Akin S. Harrison, attorney-in-fact
Issuer symbol
TGNA
Transactions as of
28 Feb 2022
Net transactions value
-$958,675
Form type
4
Filing time
02 Mar 2022, 15:53:05 UTC
Previous filing
25 Feb 2022
Next filing
03 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGNA Common Stock Options Exercise +53,834 +48% 167,159 28 Feb 2022 Direct F1
transaction TGNA Common Stock Options Exercise +7,960 +4.8% 175,119 28 Feb 2022 Direct F1
transaction TGNA Common Stock Options Exercise +7,965 +4.5% 183,084 28 Feb 2022 Direct F1
transaction TGNA Common Stock Options Exercise +9,474 +5.2% 192,558 28 Feb 2022 Direct F1
transaction TGNA Common Stock Options Exercise +7,361 +3.8% 199,919 28 Feb 2022 Direct F1
transaction TGNA Common Stock Tax liability $888,173 -38,751 -19% $22.92 161,168 28 Feb 2022 Direct F2
transaction TGNA Common Stock Options Exercise +4,424 +30% 19,033 28 Feb 2022 By Spouse F1
transaction TGNA Common Stock Options Exercise +1,108 +5.8% 20,141 28 Feb 2022 By Spouse F1
transaction TGNA Common Stock Options Exercise +1,200 +6% 21,341 28 Feb 2022 By Spouse F1
transaction TGNA Common Stock Options Exercise +1,652 +7.7% 22,993 28 Feb 2022 By Spouse F1
transaction TGNA Common Stock Options Exercise +1,283 +5.6% 24,276 28 Feb 2022 By Spouse F1
transaction TGNA Common Stock Tax liability $70,502 -3,076 -13% $22.92 21,200 28 Feb 2022 By Spouse F3
holding TGNA Common Stock 8,068 28 Feb 2022 By 401(k) Plan
holding TGNA Common Stock 3,643 28 Feb 2022 By Spouse through 401(k) Plan

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 2019 Performance Shares Options Exercise $0 -53,834 -100% $0.000000* 0 28 Feb 2022 Common Stock 53,834 Direct F1, F4
transaction TGNA Restricted Stock Units Options Exercise $0 -7,960 -100% $0.000000* 0 28 Feb 2022 Common Stock 7,960 Direct F1, F6
transaction TGNA Restricted Stock Units Options Exercise $0 -7,965 -50% $0.000000 7,965 28 Feb 2022 Common Stock 7,965 Direct F1, F7
transaction TGNA Restricted Stock Units Options Exercise $0 -9,474 -33% $0.000000 18,948 28 Feb 2022 Common Stock 9,474 Direct F1, F8
transaction TGNA Restricted Stock Units Options Exercise $0 -7,361 -25% $0.000000 22,083 28 Feb 2022 Common Stock 7,361 Direct F1, F9
transaction TGNA Restricted Stock Units Award $0 +26,603 $0.000000 26,603 01 Mar 2022 Common Stock 26,603 Direct F1, F10
transaction TGNA 2019 Performance Shares Options Exercise $0 -4,424 -100% $0.000000* 0 28 Feb 2022 Common Stock 4,424 By Spouse F1, F5
transaction TGNA Restricted Stock Units Options Exercise $0 -1,108 -100% $0.000000* 0 28 Feb 2022 Common Stock 1,108 By Spouse F1, F11
transaction TGNA Restricted Stock Units Options Exercise $0 -1,200 -50% $0.000000 1,200 28 Feb 2022 Common Stock 1,200 By Spouse F1, F12
transaction TGNA Restricted Stock Units Options Exercise $0 -1,652 -33% $0.000000 3,304 28 Feb 2022 Common Stock 1,652 By Spouse F1, F13
transaction TGNA Restricted Stock Units Options Exercise $0 -1,283 -25% $0.000000 3,851 28 Feb 2022 Common Stock 1,283 By Spouse F1, F14
transaction TGNA Restricted Stock Units Award $0 +4,434 $0.000000 4,434 01 Mar 2022 Common Stock 4,434 By Spouse F1, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 2019 Performance Share and 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 2019 Performance Shares and 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, or the Issuer's 2020 Omnibus Incentive Compensation Plan, as applicable.
F3 Represents shares of common stock withheld to satisfy the reporting person's spouse's tax obligation upon the vesting of 2019 Performance Shares and restricted stock units and the corresponding acquisition of shares of common stock by the reporting person's spouse pursuant to the Issuer's 2001 Omnibus Incentive Compensation Plan (Amended and Restated as of May 4, 2010), as amended, or the Issuer's 2020 Omnibus Incentive Compensation Plan, as applicable.
F4 The 2019 Performance Shares vested on February 28, 2022. The corresponding shares of the Issuer's common stock were delivered to the reporting person as to the vested shares on March 1, 2022.
F5 The 2019 Performance Shares vested on February 28, 2022. The corresponding shares of the Issuer's common stock were delivered to the reporting person's spouse as to the vested shares on March 1, 2022.
F6 The restricted stock units vested as to 7,960 shares on February 28, 2022. The corresponding shares of the Issuer's common stock were delivered to the reporting person as to the vested shares on March 1, 2022.
F7 The restricted stock units vested as to 7,965 shares on February 28, 2022 and vest as to the remaining shares on 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, 2022 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 on March 1, 2023.
F8 The restricted stock units vested as to 9,474 shares on February 28, 2022 and vest as to the remaining shares in two equal annual installments on each of February 28, 2023 and February 29, 2024. 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, 2022 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, 2023.
F9 The restricted stock units vested as to 7,361 shares on February 28, 2022 and vest as to the remaining shares in three equal annual installments on each of February 28, 2023, February 29, 2024 and February 28, 2025. 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, 2022 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, 2023.
F10 The restricted stock units vest in four equal annual installments on each of February 28, 2023, February 29, 2024, February 28, 2025 and February 28, 2026 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, 2023.
F11 The restricted stock units vested as to 1,108 shares on February 28, 2022. The corresponding shares of the Issuer's common stock were delivered to the reporting person's spouse as to the vested shares on March 1, 2022.
F12 The restricted stock units vested as to 1,200 shares on February 28, 2022 and vest as to the remaining shares on February 28, 2023. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person's spouse as to the applicable vested shares on March 1, 2022 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person's spouse or a change in control of the Issuer, will be delivered to the reporting person's spouse on March 1, 2023.
F13 The restricted stock units vested as to 1,652 shares on February 28, 2022 and vest as to the remaining shares in two equal annual installments on each of February 28, 2023 and February 29, 2024. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person's spouse as to the applicable vested shares on March 1, 2022 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person's spouse or a change in control of the Issuer, will be delivered to the reporting person's spouse in two equal annual installments beginning on March 1, 2023.
F14 The restricted stock units vested as to 1,283 shares on February 28, 2022 and vest as to the remaining shares in three equal annual installments on each of February 28, 2023, February 29, 2024 and February 28, 2025. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person's spouse as to the applicable vested shares on March 1, 2022 and (b) following vesting and unless delivered earlier following a termination of employment of the reporting person's spouse or a change in control of the Issuer, will be delivered to the reporting person's spouse in three equal annual installments beginning on March 1, 2023.
F15 The restricted stock units vest in four equal annual installments on each of February 28, 2023, February 29, 2024, February 28, 2025 and February 28, 2026 and, unless delivered earlier following a termination of employment of the reporting person's spouse or a change in control of the Issuer, will be delivered to the reporting person's spouse in four equal annual installments beginning on March 1, 2023.