LAMAR ADVERTISING CO/NEW 4
4 · LAMAR ADVERTISING CO/NEW · Filed Nov 12, 2015
Insider Transaction Report
Form 4
MUMBLOW STEPHEN P
Director
Transactions
- Sale
Class A Common Stock
2015-11-12$58.33/sh−6,000$349,998→ 34,794 total - Exercise/Conversion
Class A Common Stock
2015-11-12$42.21/sh+6,000$253,260→ 40,794 total - Exercise/Conversion
Stock Option (right to buy)
2015-11-12−6,000→ 4,000 totalExercise: $42.21Exp: 2023-01-24→ Class A Common Stock (6,000 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $58.29 to $58.36, inclusive. The reporting person undertakes to provide to Lamar Advertising Company, any security holder of Lamar Advertising Company, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1.
- [F2]Two thousand shares vested on the grant date (01/24/2013), and an additional 2,000 shares vest on each of the following four anniversaries of the grant date.