SEC Form 4 · accession 0000925421-17-000388
TEGNA INC · TGNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clifton A. McClelland III
Officer — SVP, Cntlr and Prin. Acc. Off.
Period of report
Dec 6, 2017
Accepted (ET)
Dec 8, 2017 · 5:06 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 | Dec 6, 2017 | M | 7,740 | $7.05 | A | 32,335 | D | |
| Common Stock | Dec 6, 2017 | S | 7,740 | $13.685 | D | 24,595 | D | |
| Common Stock | holding | — | — | — | 1,689 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F2 | $7.05 | Dec 6, 2017 | M | 7,740 | D | — | Dec 11, 2017 | Common Stock | 7,740 | 0 | D |
Explanation of responses
- F1The option was previously reported as an option for 5,000 shares of common stock of the Issuer at an exercise price of $13.16 per share, but was adjusted to reflect the completions of the previously-announced spin-offs of (1) the Issuer's publishing business on June 29, 2015, and (2) the Issuer's digital automotive marketplace business on May 31, 2017.
- F2The option is fully vested.