Julie Heskett - Jan 1, 2024 Form 3 Insider Report for TEGNA INC (TGNA)

Role
SVP and CFO
Signature
/s/ Marc S. Sher, attorney-in-fact
Stock symbol
TGNA
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
3
Date filed
1/5/2024, 04:59 PM
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TGNA Common Stock 8.29K Jan 1, 2024 By 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
holding TGNA Phantom Stock Jan 1, 2024 Common Stock 4.87K Direct F1, F2
holding TGNA Restricted Stock Units Jan 1, 2024 Common Stock 2.77K Direct F3, F4
holding TGNA Restricted Stock Units Jan 1, 2024 Common Stock 16K Direct F4, F5
holding TGNA Restricted Stock Units Jan 1, 2024 Common Stock 12.3K Direct F4, F6
holding TGNA Restricted Stock Units Jan 1, 2024 Common Stock 21.8K Direct F4, F7
holding TGNA Restricted Stock Units Jan 1, 2024 Common Stock 80.5K Direct F4, F8
holding TGNA 2021 Performance Shares Jan 1, 2024 Common Stock 19.7K Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is payable in cash or stock, at the election of the reporting person, on various dates selected by the reporting person or otherwise provided in the Issuer's Deferred Compensation Plan.
F2 Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock.
F3 The restricted stock units 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 March 1, 2024.
F4 Each restricted stock unit represents a contingent right to receive one share of the underlying common stock.
F5 The restricted stock units vest as to 8,023 shares on February 29, 2024 and 8,025 shares on February 28, 2025 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 March 1, 2024 and March 1, 2025.
F6 The restricted stock units vest in three equal annual installments on each of 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, the corresponding vested shares of the Issuer's common stock will be delivered to the reporting person in three equal annual installments beginning on March 1, 2024.
F7 The restricted stock units vest in four equal annual installments on each of February 29, 2024, February 28, 2025, February 28, 2026 and February 28, 2027 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 in four equal annual installments beginning on March 1, 2024.
F8 The restricted stock units vest in two equal annual installments on each of May 31, 2024 and May 31, 2025 provided that the reporting person remains in continuous employment with the Issuer until each such date, and, unless delivered earlier upon the occurrence of certain events, will be delivered to the reporting person in two equal annual installments beginning on June 1, 2024.
F9 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.
F10 Each 2021 Performance Share represents a contingent right to receive one share of the underlying common stock.

Remarks:

Exhibit List: Exhibit 24 -- Power of Attorney