Lynn B. Trelstad - May 22, 2023 Form 4 Insider Report for TEGNA INC (TGNA)

Role
EVP and COO, Media Operations
Signature
/s/ Akin S. Harrison, attorney-in-fact
Stock symbol
TGNA
Transactions as of
May 22, 2023
Transactions value $
$0
Form type
4
Date filed
5/24/2023, 04:33 PM
Previous filing
Mar 2, 2023
Next filing
Aug 9, 2023

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 2021 Performance Shares Award $0 +33K $0.00 33K May 22, 2023 Common Stock 33K Direct F1, F2, F3
transaction TGNA 2021 Performance Shares Award $0 +3.14K $0.00 3.14K May 22, 2023 Common Stock 3.14K By spouse F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 2021 Performance Share represents a contingent right to receive one share of the underlying common stock.
F2 The number of 2021 Performance Shares earned for the 2021-2022 performance period was determined as of May 22, 2023, as a result of the termination of the Issuer's previously reported merger agreement with an affiliate of Standard General L.P.
F3 The 2021 Performance Shares vest on February 29, 2024 and, unless delivered earlier following a termination of employment of the reporting person or a change in control of the Issuer, the corresponding vested shares of the Issuer's common stock will be delivered to the reporting person on or about March 1, 2024.
F4 The 2021 Performance Shares vest on February 29, 2024 and, unless delivered earlier following a termination of employment of the reporting person's spouse or a change in control of the Issuer, the corresponding vested shares of the Issuer's common stock will be delivered to the reporting person's spouse on or about March 1, 2024.