John E. Koerner III - 15 Nov 2022 Form 4 Insider Report for LAMAR ADVERTISING CO/NEW (LAMR)

Role
Director
Signature
/s/ James McIlwain, at attorney-in-fact
Issuer symbol
LAMR
Transactions as of
15 Nov 2022
Transactions value $
-$141,634
Form type
4
Filing time
16 Nov 2022, 15:05:37 UTC
Previous filing
23 May 2022
Next filing
12 May 2023
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 Options Exercise $422K +10K +22.69% $42.21 54.1K 15 Nov 2022 Direct
transaction LAMR Class A Common Stock Sale -$564K -5.88K -10.88% $95.86 48.2K 15 Nov 2022 Direct F1

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 Stock Option (Right to Buy) Options Exercise $0 -10K -100% $0.00* 0 15 Nov 2022 Class A Common Stock 10K $42.21 Direct F2
* 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 $95.53 to $96.20, 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 shares sold at each separate price within the range set forth in this footnote 1.
F2 The options were granted on January 24, 2013 and became fully exercisable on January 24, 2017.