Clifton A. McClelland III - Feb 29, 2024 Form 4 Insider Report for TEGNA INC (TGNA)

Role
SVP, Cntlr and Prin. Acc. Off.
Signature
/s/ Marc S. Sher, attorney-in-fact
Stock symbol
TGNA
Transactions as of
Feb 29, 2024
Transactions value $
-$135,771
Form type
4
Date filed
3/4/2024, 08:23 PM
Previous filing
Feb 23, 2024
Next filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGNA Common Stock Options Exercise +8.07K +9.41% 93.8K Feb 29, 2024 Direct F1
transaction TGNA Common Stock Options Exercise +2.9K +3.09% 96.7K Feb 29, 2024 Direct F1
transaction TGNA Common Stock Options Exercise +3.29K +3.41% 100K Feb 29, 2024 Direct F1
transaction TGNA Common Stock Options Exercise +2.73K +2.73% 103K Feb 29, 2024 Direct F1
transaction TGNA Common Stock Options Exercise +3.63K +3.54% 106K Feb 29, 2024 Direct F1
transaction TGNA Common Stock Tax liability -$136K -9.69K -9.11% $14.01 96.7K Feb 29, 2024 Direct F2
holding TGNA Common Stock 7.5K Feb 29, 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
transaction TGNA 2021 Performance Shares Options Exercise $0 -8.07K -100% $0.00* 0 Feb 29, 2024 Common Stock 8.07K Direct F1, F3
transaction TGNA Restricted Stock Units Options Exercise $0 -2.9K -100% $0.00* 0 Feb 29, 2024 Common Stock 2.9K Direct F1, F4
transaction TGNA Restricted Stock Units Options Exercise $0 -3.29K -49.99% $0.00 3.3K Feb 29, 2024 Common Stock 3.29K Direct F1, F5
transaction TGNA Restricted Stock Units Options Exercise $0 -2.73K -33.33% $0.00 5.46K Feb 29, 2024 Common Stock 2.73K Direct F1, F6
transaction TGNA Restricted Stock Units Options Exercise $0 -3.63K -25% $0.00 10.9K Feb 29, 2024 Common Stock 3.63K Direct F1, F7
transaction TGNA Restricted Stock Units Award $0 +19.3K $0.00 19.3K Mar 1, 2024 Common Stock 19.3K Direct F1, F8
* 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 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.
F4 The restricted stock units vested as to 2,900 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.
F5 The restricted stock units vested as to 3,294 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.
F6 The restricted stock units vested as to 2,728 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.
F7 The restricted stock units vested as to 3,634 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.
F8 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.