Clifton A. McClelland III - Aug 6, 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
Aug 6, 2024
Transactions value $
-$89,571
Form type
4
Date filed
8/8/2024, 05:00 PM
Previous 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 +13.7K +32.11% 56.3K Aug 6, 2024 Direct F1
transaction TGNA Common Stock Tax liability -$89.6K -6.17K -10.96% $14.52 50.1K Aug 6, 2024 Direct F2
holding TGNA Common Stock 8.44K Aug 6, 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 Restricted Stock Units Options Exercise $0 -13.7K -50% $0.00 13.7K Aug 6, 2024 Common Stock 13.7K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 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 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 restricted stock units vested as to 13,678 shares on August 6, 2024 and vest as to the remaining shares on August 6, 2025 provided that the reporting person remains in continuous employment with the Issuer until such date. The corresponding shares of the Issuer's common stock (a) were delivered to the reporting person as to the applicable vested shares on August 7, 2024 and (b) following vesting and unless delivered earlier upon the occurrence of certain events, will be delivered to the reporting person on August 7, 2025.