KOERNER JOHN E III 4
4 · LAMAR ADVERTISING CO/NEW · Filed Nov 16, 2022
Insider Transaction Report
Form 4
KOERNER JOHN E III
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2022-11-15$42.21/sh+10,000$422,100→ 54,063 total - Exercise/Conversion
Stock Option (Right to Buy)
2022-11-15−10,000→ 0 totalExercise: $42.21Exp: 2023-01-24→ Class A Common Stock (10,000 underlying) - Sale
Class A Common Stock
2022-11-15$95.86/sh−5,881$563,734→ 48,182 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 $95.53 to $96.20, 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 options were granted on January 24, 2013 and became fully exercisable on January 24, 2017.