SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
McClelland Clifton A. III

(Last) (First) (Middle)
C/O GANNETT CO., INC.
7950 JONES BRANCH DRIVE

(Street)
MCLEAN VA 22107

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/16/2015
3. Issuer Name and Ticker or Trading Symbol
GANNETT CO INC /DE/ [ GCI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Controller, Prin. Acc. Off
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 11,091 D
Common Stock 1,068.12 I By 401(k) Plan
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (1) (1) Common Stock 1,035.2 (2) D
Restricted Stock Units 12/31/2015 12/31/2015 Common Stock 5,677 (3) D
Restricted Stock Units 12/31/2016 12/31/2016 Common Stock 4,606 (3) D
Restricted Stock Units 12/31/2017 12/31/2017 Common Stock 2,756 (3) D
Restricted Stock Units (4) (4) Common Stock 2,775 (3) D
Employee Stock Option (Right to Buy) (5) 12/07/2015 Common Stock 1,800 $35.47 D
Employee Stock Option (Right to Buy) (5) 12/12/2016 Common Stock 1,250 $7.53 D
Employee Stock Option (Right to Buy) (5) 12/11/2017 Common Stock 5,000 $13.16 D
Employee Stock Option (Right to Buy) (5) 12/10/2018 Common Stock 5,000 $15.69 D
Explanation of Responses:
1. Each 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.
2. Each share of phantom stock is the economic equivalent of one share of Gannett common stock.
3. Each restricted stock unit represents a contingent right to receive one share of Gannett common stock.
4. The restricted stock units 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.
5. The option is fully vested.
Remarks:
/s/ Akinyale S. Harrison, Attorney-in-Fact 06/26/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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