REILLY SEAN E 4
4 · LAMAR ADVERTISING CO/NEW · Filed Mar 6, 2019
Insider Transaction Report
Form 4
REILLY SEAN E
Chief Executive Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2019-03-04$42.21/sh+25,000$1,055,250→ 82,606 total - Sale
Class A Common Stock
2019-03-04$79.46/sh−24,500$1,946,770→ 58,106 total - Sale
Class A Common Stock
2019-03-04$79.95/sh−500$39,975→ 57,606 total - Sale
Class A Common Stock
2019-03-04$79.75/sh−57,606$4,594,079→ 0 total - Exercise/Conversion
Class A Common Stock
2019-03-05$42.21/sh+25,000$1,055,250→ 25,000 total - Sale
Class A Common Stock
2019-03-05$79.19/sh−25,000$1,979,750→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2019-03-04−25,000→ 75,000 totalExercise: $42.21Exp: 2023-01-24→ Class A Common Stock (25,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2019-03-05−25,000→ 50,000 totalExercise: $42.21Exp: 2023-01-24→ Class A Common Stock (25,000 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $78.93 to $79.93, inclusive. The reporting person undertakes to provide to Lamar Advertising Company, any security holder of Lamar Advertising Company, 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 range set forth in this footnote 1.
- [F2]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $79.94 to $79.97, inclusive. The reporting person undertakes to provide to Lamar Advertising Company, any security holder of Lamar Advertising Company, 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 range set forth in this footnote 2.
- [F3]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $79.54 to $79.96, inclusive. The reporting person undertakes to provide to Lamar Advertising Company, any security holder of Lamar Advertising Company, 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 range set forth in this footnote 3.
- [F4]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $78.81 to $79.64, inclusive. The reporting person undertakes to provide to Lamar Advertising Company, any security holder of Lamar Advertising Company, 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 range set forth in this footnote 4.
- [F5]The options became fully exercisable on January 24, 2017.