LAMAR ADVERTISING CO/NEW 4
4 · LAMAR ADVERTISING CO/NEW · Filed Mar 21, 2017
Insider Transaction Report
Form 4
ISTRE KEITH A
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2017-03-20$42.21/sh+25,000$1,055,250→ 169,253 total - Exercise/Conversion
Stock Option (right to buy)
2017-03-20−25,000→ 50,000 totalExercise: $42.21Exp: 2023-01-24→ Class A Common Stock (25,000 underlying) - Sale
Class A Common Stock
2017-03-20$77.47/sh−25,000$1,936,720→ 144,253 total
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 $77.23 to $77.72, 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]The option became fully vested on 01/24/2017.