John C. Fowler - 23 May 2022 Form 4 Insider Report for Quad/Graphics, Inc. (QUAD)

Role: Director
Signature: /s/ Sherilyn R. Whitmoyer, Attorney-in-Fact for John C. Fowler
Issuer symbol: QUAD
Transactions as of: 23 May 2022
Transactions value $: $0
Form type: 4
Filing time: 25 May 2022, 13:16:39 UTC
Next filing: 24 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QUAD	Class A Common Stock	Award	$0	+23.5K	+18.88%	$0.00	148K	23 May 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
holding	QUAD	Class B Common Stock						7.09K	23 May 2022	Class A Common Stock	7.09K		As Trustee - HVF Tr	F2, F3
holding	QUAD	Class B Common Stock						7.09K	23 May 2022	Class A Common Stock	7.09K		As Trustee - IMF Tr	F2, F4
holding	QUAD	Class B Common Stock						7.09K	23 May 2022	Class A Common Stock	7.09K		As Trustee - KMF Tr	F2, F5
holding	QUAD	Class B Common Stock						156	23 May 2022	Class A Common Stock	156		As Trustee - KQF Descen	F2, F6

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

Explanation of Responses:

Id	Content
F1	Includes 94,606 shares attributable to deferred stock units granted under the Quad/Graphics, Inc. 2010 and 2020 Omnibus Incentive Plans.
F2	Class B Common Stock is convertible into Class A Common Stock on a 1-for-1 basis at no cost and has no expiration date.
F3	As Trustee for the Harry Virgil Flores 2017 Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4	As Trustee for the Isabella Marion Flores 2017 Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F5	As Trustee for the Kaitlin Mary Flores 2017 Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F6	As Trustee for the KQF 2019 Descendants' Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.