Jay LeCoryelle Johnson - 02 Mar 2022 Form 4 Insider Report for LAMAR ADVERTISING CO/NEW (LAMR)

Role: CFO, Treasurer, EVP
Signature: /s/ James McIlwain, as attorney-in-fact
Issuer symbol: LAMR
Transactions as of: 02 Mar 2022
Net transactions value: -$154,996
Form type: 4
Filing time: 04 Mar 2022, 15:03:16 UTC
Previous filing: 24 Feb 2022
Next filing: 30 Mar 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	$22,204	-206	-0.66%	$107.78	31,218	02 Mar 2022	Direct	F1
transaction	LAMR	Class A Common Stock	Sale	$121,833	-1,118	-3.6%	$108.97	30,100	02 Mar 2022	Direct	F2
transaction	LAMR	Class A Common Stock	Sale	$10,959	-100	-0.33%	$109.59	30,000	02 Mar 2022	Direct

* 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 purchased in multiple transactions at prices ranging from $107.26 to $107.87 inclusive. The reporting person undertakes to provide to Lamar Advertising Company ("Lamar"), any security holder of Lamar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2	The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $108.54 to $109.41 inclusive. The reporting person undertakes to provide to Lamar Advertising Company ("Lamar"), any security holder of Lamar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 2.

Content

The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $107.26 to $107.87 inclusive. The reporting person undertakes to provide to Lamar Advertising Company ("Lamar"), any security holder of Lamar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $108.54 to $109.41 inclusive. The reporting person undertakes to provide to Lamar Advertising Company ("Lamar"), any security holder of Lamar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 2.