Lynn B. Trelstad - 29 Feb 2024 Form 4 Insider Report for TEGNA INC (TGNA)

Signature
/s/ Marc S. Sher, attorney-in-fact
Issuer symbol
TGNA
Transactions as of
29 Feb 2024
Net transactions value
-$492,073
Form type
4
Filing time
04 Mar 2024, 20:21:10 UTC
Previous filing
23 Feb 2024
Next filing
10 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGNA Common Stock Options Exercise +33,048 +18% 214,929 29 Feb 2024 Direct F1
transaction TGNA Common Stock Options Exercise +9,474 +4.4% 224,403 29 Feb 2024 Direct F1
transaction TGNA Common Stock Options Exercise +7,361 +3.3% 231,764 29 Feb 2024 Direct F1
transaction TGNA Common Stock Options Exercise +6,651 +2.9% 238,415 29 Feb 2024 Direct F1
transaction TGNA Common Stock Options Exercise +8,859 +3.7% 247,274 29 Feb 2024 Direct F1
transaction TGNA Common Stock Tax liability $445,518 -31,800 -13% $14.01 215,474 29 Feb 2024 Direct F2
transaction TGNA Common Stock Options Exercise +3,143 +14% 25,186 29 Feb 2024 By Spouse F1
transaction TGNA Common Stock Options Exercise +1,652 +6.6% 26,838 29 Feb 2024 By Spouse F1
transaction TGNA Common Stock Options Exercise +1,283 +4.8% 28,121 29 Feb 2024 By Spouse F1
transaction TGNA Common Stock Options Exercise +1,109 +3.9% 29,230 29 Feb 2024 By Spouse F1
transaction TGNA Common Stock Options Exercise +1,477 +5.1% 30,707 29 Feb 2024 By Spouse F1
transaction TGNA Common Stock Tax liability $46,555 -3,323 -11% $14.01 27,384 29 Feb 2024 By Spouse F3
holding TGNA Common Stock 9,888 29 Feb 2024 By 401(k) Plan
holding TGNA Common Stock 5,245 29 Feb 2024 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 2021 Performance Shares Options Exercise $0 -33,048 -100% $0.000000* 0 29 Feb 2024 Common Stock 33,048 Direct F1, F4
transaction TGNA Restricted Stock Units Options Exercise $0 -9,474 -100% $0.000000* 0 29 Feb 2024 Common Stock 9,474 Direct F1, F6
transaction TGNA Restricted Stock Units Options Exercise $0 -7,361 -50% $0.000000 7,361 29 Feb 2024 Common Stock 7,361 Direct F1, F7
transaction TGNA Restricted Stock Units Options Exercise $0 -6,651 -33% $0.000000 13,302 29 Feb 2024 Common Stock 6,651 Direct F1, F8
transaction TGNA Restricted Stock Units Options Exercise $0 -8,859 -25% $0.000000 26,575 29 Feb 2024 Common Stock 8,859 Direct F1, F9
transaction TGNA Restricted Stock Units Award $0 +61,862 $0.000000 61,862 01 Mar 2024 Common Stock 61,862 Direct F1, F10
transaction TGNA 2021 Performance Shares Options Exercise $0 -3,143 -100% $0.000000* 0 29 Feb 2024 Common Stock 3,143 By Spouse F1, F5
transaction TGNA Restricted Stock Units Options Exercise $0 -1,652 -100% $0.000000* 0 29 Feb 2024 Common Stock 1,652 By Spouse F1, F11
transaction TGNA Restricted Stock Units Options Exercise $0 -1,283 -50% $0.000000 1,284 29 Feb 2024 Common Stock 1,283 By Spouse F1, F12
transaction TGNA Restricted Stock Units Options Exercise $0 -1,109 -33% $0.000000 2,217 29 Feb 2024 Common Stock 1,109 By Spouse F1, F13
transaction TGNA Restricted Stock Units Options Exercise $0 -1,477 -25% $0.000000 4,429 29 Feb 2024 Common Stock 1,477 By Spouse F1, F14
transaction TGNA Restricted Stock Units Award $0 +7,919 $0.000000 7,919 01 Mar 2024 Common Stock 7,919 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 2021 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 2021 Performance Shares and restricted stock units and the corresponding acquisition of shares of common stock by the reporting person pursuant to the Issuer's 2020 Omnibus Incentive Compensation Plan.
F3 Represents shares of common stock withheld to satisfy the reporting person's spouse's tax obligation upon the vesting of 2021 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 2020 Omnibus Incentive Compensation Plan.
F4 The 2021 Performance Shares vested on February 29, 2024. The corresponding shares of the Issuer's common stock were delivered to the reporting person as to the vested shares on March 1, 2024.
F5 The 2021 Performance Shares vested on February 29, 2024. 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, 2024.
F6 The restricted stock units vested as to 9,474 shares on February 29, 2024. The corresponding shares of the Issuer's common stock were delivered to the reporting person as to the vested shares on March 1, 2024.
F7 The restricted stock units vested as to 7,361 shares on February 29, 2024 and vest as to the remaining shares on 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, 2024 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, 2025.
F8 The restricted stock units vested as to 6,651 shares on February 29, 2024 and vest as to the remaining shares in two equal annual installments on each of February 28, 2025 and February 28, 2026. 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, 2024 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, 2025.
F9 The restricted stock units vested as to 8,859 shares on February 29, 2024 and vest as to the remaining shares in three equal annual installments on each of February 28, 2025, February 28, 2026 and February 28, 2027. 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, 2024 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, 2025.
F10 The restricted stock units vest in four equal annual installments on each of February 28, 2025, February 28, 2026, February 28, 2027 and February 29, 2028 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, 2025.
F11 The restricted stock units vested as to 1,652 shares on February 29, 2024. 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, 2024.
F12 The restricted stock units vested as to 1,283 shares on February 29, 2024 and vest as to the remaining shares on 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, 2024 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, 2025.
F13 The restricted stock units vested as to 1,109 shares on February 29, 2024 and vest as to the remaining shares in two equal annual installments on each of February 28, 2025 and February 28, 2026. 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, 2024 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, 2025.
F14 The restricted stock units vested as to 1,477 shares on February 29, 2024 and vest as to the remaining shares in three equal annual installments on each of February 28, 2025, February 28, 2026 and February 28, 2027. 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, 2024 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, 2025.
F15 The restricted stock units vest in four equal annual installments on each of February 28, 2025, February 28, 2026, February 28, 2027 and February 29, 2028 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, 2025.