SEC Form 4 · accession 0000925421-18-000042
TEGNA INC · TGNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd A. Mayman
Officer — EVP, Chief Legal and Admin Off
Period of report
Jan 19, 2018
Accepted (ET)
Jan 23, 2018 · 5:57 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 19, 2018 | A | 4,723 | $0.00 | A | 40,204 | D | |
| Common Stock | Jan 19, 2018 | F | 2,381 | $15.14 | D | 37,823 | D | |
| Common Stock | Jan 23, 2018 | M | 42,579 | $8.69 | A | 80,402 | D | |
| Common Stock | Jan 23, 2018 | M | 21,288 | $8.04 | A | 101,690 | D | |
| Common Stock | Jan 23, 2018 | F | 48,430 | $15.14 | D | 53,260 | D | |
| Common Stock | holding | — | — | — | 120 | 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)F3,F4 | $8.69 | Jan 23, 2018 | M | 42,579 | D | — | Feb 23, 2018 | Common Stock | 42,579 | 0 | D |
| Employee Stock Option (Right to Buy)F5,F4 | $8.04 | Jan 23, 2018 | M | 21,288 | D | — | Feb 22, 2019 | Common Stock | 21,288 | 0 | D |
Explanation of responses
- F1Represents shares of common stock withheld to satisfy the reporting person's tax obligation upon the acquisition of shares of common stock pursuant to the Issuer's Performance Share Plan on January 19, 2018.
- F2Represents (i) shares of common stock surrendered by the reporting person to pay the exercise price of non-qualified stock options exercised by the reporting person, and (ii) shares of common stock withheld to satisfy the reporting person's corresponding tax obligation, in each case, pursuant to the Issuer's 2001 Omnibus Incentive Compensation Plan (Amended and Restated as of May 4, 2010), as amended.
- F3The option was previously reported as an option for 55,000 shares of common stock of the Issuer at an exercise price of $16.23 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.
- F4The option is fully vested.
- F5The option was previously reported as an option for 55,000 shares of common stock of the Issuer at an exercise price of $15.00 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.