SEC Form 4 · accession 0000908662-15-000243
LAMAR ADVERTISING CO/NEW · LAMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wendell Reilly
Director
Period of report
Jun 3, 2015
Accepted (ET)
Jun 5, 2015 · 9:51 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001090425
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jun 3, 2015 | M | 10,000 | $18.25 | A | 12,320 | D | |
| Class A Common Stock | Jun 3, 2015 | M | 6,000 | $42.21 | A | 18,320 | D | |
| Class A Common StockF1 | holding | — | — | — | 10 | I | By LP | |
| Class A Common Stock | holding | — | — | — | 5,000 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $18.25 | Jun 3, 2015 | M | 10,000 | D | — | May 28, 2019 | Class A Common Stock | 10,000 | 0 | D |
| Stock Option (right to buy)F3 | $42.21 | Jun 3, 2015 | M | 6,000 | D | — | Jan 24, 2023 | Class A Common Stock | 6,000 | 4,000 | D |
Explanation of responses
- F1The spouse of the reporting person is the general partner of Lamar Legacy, L.P., which owns the reported securities.
- F2The options fully vested as of May 28, 2013.
- F320% vested immediately upon grant (January 24, 2013), and an additional 20% vests on each of the next four anniversaries of the grant date.