4/A//SEC Filing
Gannett Co., Inc. 4/A
Accession 0001144204-15-041865
CIK 0001635718operating
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 8:05 PM ET
Size
9.4 KB
Accession
0001144204-15-041865
Insider Transaction Report
Form 4/AAmended
Payne David A.
Chief Product Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2015-06-29+7,325→ 7,325 totalExercise: $5.23Exp: 2018-12-10→ Common Stock (7,325 underlying) - Award
Restricted Stock Units
2015-06-29+28,486→ 28,486 totalExp: 2018-12-31→ Common Stock (28,486 underlying)
Footnotes (4)
- [F1]In connection with the spin-off of the Issuer from TEGNA Inc. on June 29, 2015, each outstanding TEGNA stock option award was converted into an award of options to purchase both shares of TEGNA's common stock and shares of the Issuer's common stock. The number of shares and exercise prices of each option award were adjusted (based in part on the volume weighted average per-share price of the Issuer's common stock during each of the first five full NYSE trading sessions commencing June 29, 2015) in a manner intended to preserve the aggregate intrinsic value of the original TEGNA stock option. This amendment is being filed to disclose the exercise price and number of underlying shares that have been determined in respect of each grant.
- [F2]The option has vested as to all shares subject to the grant.
- [F3]In connection with the spin-off, this outstanding and unvested time-vesting TEGNA restricted stock unit (RSU) award granted in 2015 was converted into an RSU award denominated in shares of the Issuer's common stock. The number of underlying shares was adjusted (based in part on the volume weighted average per-share price of the Issuer's common stock during each of the first five full NYSE trading sessions commencing June 29, 2015) in a manner intended to preserve the aggregate intrinsic value of the original TEGNA RSU award. This amendment is being filed to disclose the number of shares of the Issuer's common stock underlying this RSU. Each RSU represents a contingent right to receive one share of the Issuer's underlying common stock.
- [F4]These RSUs vest in four equal annual installments beginning on December 31, 2015. Vested shares will be delivered to the reporting person upon the earliest to occur of the termination of employment of the reporting person, a change in control of the Issuer, and December 31, 2018.
Documents
Issuer
Gannett Co., Inc.
CIK 0001635718
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001635718
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 8:05 PM ET
- Size
- 9.4 KB