SEC Form 4 · accession 0000925421-18-000147
TEGNA INC · TGNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott K McCune
Director
Period of report
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 4:41 pm EDT
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 | Mar 14, 2018 | M | 12,385 | $8.88 | A | 31,870 | D | |
| Common StockF1 | Mar 14, 2018 | S | 12,385 | $12.6947 | D | 19,485 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F2,F3 | $8.88 | Mar 14, 2018 | M | 12,385 | D | — | May 4, 2018 | Common Stock | 12,385 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $12.68 to $12.72, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2The option was previously reported as an option for 8,000 shares of common stock of the Issuer at an exercise price of $16.58 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.
- F3The option is fully vested.