Jay LeCoryelle Johnson - 19 Aug 2025 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
19 Aug 2025
Net transactions value
$0
Form type
4
Filing time
20 Aug 2025, 16:03:08 UTC
Previous filing
28 May 2025
Next filing
25 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Johnson Jay LeCoryelle CFO, Treasurer, EVP 5321 CORPORATE BOULEVARD, BATON ROUGE /s/ James McIlwain, as attorney-in-fact 20 Aug 2025 0001736249

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAMR Class A Common Stock Options Exercise $0 +22,000 $0.000000 22,000 19 Aug 2025 By Westview Capital Partners, LLC F1, F2
holding LAMR Class A Common Stock 10,000 19 Aug 2025 Direct

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 LTIP Units Options Exercise $0 -22,000 -100% $0.000000 0 19 Aug 2025 Class A Common Stock 22,000 By Westview Capital Partners, LLC F1, F2, F3, F4
transaction LAMR Common Units Options Exercise $0 +22,000 $0.000000 22,000 19 Aug 2025 Class A Common Stock 22,000 By Westview Capital Partners, LLC F1, F2, F5
transaction LAMR Common Units Options Exercise $0 -22,000 -100% $0.000000 0 19 Aug 2025 Class A Common Stock 22,000 By Westview Capital Partners, LLC F1, F2, F5
holding LAMR LTIP Units 33,600 19 Aug 2025 Class A Common Stock 33,600 Direct F6
holding LAMR LTIP Units 19,800 19 Aug 2025 Class A Common Stock 19,800 By Brawley Capital Partners, L.L.C. F6, F7
holding LAMR LTIP Units 33,600 19 Aug 2025 Class A Common Stock 33,600 By Blair Road, L.L.C. F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These long-term incentive plan units ("LTIP Units") of Lamar Advertising Limited Partnership (the "OP"), the operating partnership of Lamar Advertising Company ("Lamar"), were converted into common partnership units of the OP ("Common Units"), and the Common Units were redeemed for an equal number of shares of the Lamar's Class A Common Stock in accordance with the OP's partnership agreement.
F2 The reporting person is a member and manager of Westview Capital Partners, LLC.
F3 Represents LTIP Units in the OP. The LTIP Units were issued pursuant to the Lamar's1996 Equity Incentive Plan, as amended.
F4 As described in the OP's partnership agreement, vested LTIP Units convert automatically into an equivalent number of Common Units. The Common Units are redeemable by the holder for cash or Class A common stock of Lamar on a one-for-one basis, at Lamar's election.
F5 Represents Common Units in the OP. Each Common Unit may be redeemed by the holder for cash or Class A common stock of Lamar on a one-for-one basis, at Lamar's election.
F6 These LTIP Units of the OP were issued in 2023, 2024, and 2025 under Lamar's 1996 Equity Incentive Plan, as amended, and following the occurrence of certain events and upon vesting, convert automatically into an equivalent number of Common Units. The Common Units are redeemable by the holder for cash or Class A common stock of Lamar on a one-for-one basis, at Lamar's election.
F7 The reporting person is a member and manager of Brawley Capital Partners, L.L.C.
F8 The reporting person is a member and manager of Blair Road, L.L.C.