SEC Form 4 · accession 0000925421-16-000047
TEGNA INC · TGNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clifton A. McClelland III
Officer — VP, Cntlr. and Prin. Acc. Off.
Period of report
Jan 29, 2016
Accepted (ET)
Feb 2, 2016 · 6:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039899
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 29, 2016 | A | 6,980 | $0.00 | A | 21,868 | D | |
| Common Stock | Jan 29, 2016 | F | 2,487 | $24.01 | D | 19,381 | D | |
| Common Stock | holding | — | — | — | 1,066 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F3 | — | Feb 1, 2016 | A | 326 | A | — | — | Common Stock | 326 | 1,380 | D |
Explanation of responses
- F1Represents shares of common stock withheld to satisfy the reporting person's tax obligation upon the acquisition of shares pursuant to the issuer's Performance Share Plan on January 29, 2016.
- F2Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock.
- F3Each 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 as otherwise provided in the Issuer's Deferred Compensation Plan.