Anna Reilly - 31 Dec 2021 Form 5 Insider Report for LAMAR ADVERTISING CO/NEW (LAMR)

Role
Director
Signature
/s/ James McIlwain, as attorney-in-fact
Issuer symbol
LAMR
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
14 Feb 2022, 15:07:41 UTC
Previous filing
21 May 2021
Next filing
23 May 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LAMR Class B Common Stock Gift $0 -700,000 -70% $0.000000 300,000 11 Oct 2021 Class A Common Stock 700,000 Direct F1
transaction LAMR Class B Common Stock Gift $0 +700,000 $0.000000 700,000 11 Oct 2021 Class A Common Stock 700,000 By LLC F1, F2
holding LAMR Class B Common Stock 9,000,000 31 Dec 2021 Class A Common Stock 9,000,000 By LLC F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the Issuer's Certificate of Incorporation, the Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis, exercisable immediately, and has no expiration date.
F2 Shares held by Truckstop Lunch Ladies LLC ("TLL") of which the reporting person is the sole manager. The manager has sole voting and dispositive power over the shares held by TLL. The reporting person gifted shares held by her jointly with her spouse to TLL.
F3 Shares held by the Reilly Family, LLC of which the reporting person is a manager.