PHOEBE SNOW FOUNDATION 4
4 · LAMAR ADVERTISING CO/NEW · Filed Dec 23, 2009
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
2009-12-22$31.45/sh−15,000$471,750→ 249,600 total - Sale
Common Stock
2009-12-21$31.11/sh−20,000$622,200→ 264,600 total
Footnotes (2)
- [F1]The entity making these transactions is Phoebe Snow Foundation (the "Reporting Person"). The Reporting Person may be deemed to be part of a "group", as such term is defined in Rule 13d-5(b)(1) promulgated under the Securities Exchange Act of 1934, which is a 10% owner.
- [F2]The Reporting Person directly sold 20,000 shares on 12/21/09, as reported in Line 1 above, ranging in price from $31.06 - 31.33 (full detailed information regarding the shares sold at each price will be provided upon request). Additionally, the Reporting Person directly sold 15,000 shares, as reported in Line 2 above, at $31.45. Following the transactions causing this filing, the Reporting Person owns 249,600 shares of the issuer's common stock.