STEPHEN P. MUMBLOW - 15 Dec 2021 Form 4 Insider Report for LAMAR ADVERTISING CO/NEW (LAMR)

Role: Director
Signature: /s/ James McIlwain, as attorney-in-fact
Issuer symbol: LAMR
Transactions as of: 15 Dec 2021
Net transactions value: -$284,504
Form type: 4
Filing time: 17 Dec 2021, 15:11:19 UTC
Previous filing: 21 May 2021
Next filing: 23 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LAMR	Class A Common Stock	Sale	$284,504	-2,500	-34%	$113.80	4,907	15 Dec 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $113.8001 to $113.82, 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 share sold at each separate price within the range set forth in this footnote 1.

Content

The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $113.8001 to $113.82, 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 share sold at each separate price within the range set forth in this footnote 1.