Kathryn Quadracci Flores - 22 May 2024 Form 4 Insider Report for Quad/Graphics, Inc. (QUAD)

Role: Director
Signature: /s/ Alexander N. Pyke, as attorney-in-fact for Kathryn Quadracci Flores
Issuer symbol: QUAD
Transactions as of: 22 May 2024
Net transactions value: $0
Form type: 4
Filing time: 24 May 2024, 14:58:59 UTC
Previous filing: 03 Jan 2024
Next filing: 03 Jun 2024
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	+25,000	+20%	$0.000000	151,452	22 May 2024	Direct	F1, F2
holding	QUAD	Class A Common Stock						4,067	22 May 2024	As Trustee - DQ 2008 Trust	F3
holding	QUAD	Class A Common Stock						4,067	22 May 2024	As Trustee - HVQ 2003 Trust	F4
holding	QUAD	Class A Common Stock						4,067	22 May 2024	As Trustee - MAQ 2001 Trust	F5

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						2,870	22 May 2024	Class A Common Stock	2,870		As Trustee - DQ 2008 Trust	F3, F6
holding	QUAD	Class B Common Stock						14,915	22 May 2024	Class A Common Stock	14,915		As Trustee - HRQ 2014 Trust	F6, F7
holding	QUAD	Class B Common Stock						2,870	22 May 2024	Class A Common Stock	2,870		As Trustee - HVQ 2003 Trust	F4, F6
holding	QUAD	Class B Common Stock						2,868	22 May 2024	Class A Common Stock	2,868		As Trustee - MAQ 2001 Trust	F5, F6

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

Explanation of Responses:

Id	Content
F1	Includes 25,000 shares attributable to deferred stock units granted under the Quad/Graphics, Inc. 2020 Omnibus Incentive Plan that will be delivered to the reporting person on May 22, 2026 unless deferred by the reporting person or on separation from service. Any dividend or other distribution paid with respect to class A common stock underlying the deferred stock units shall accrue and be converted into additional deferred stock units based on the closing price of class A common stock on any such dividend payable date.
F2	Includes 765 additional deferred stock units resulting from the payment of dividends on the class A common stock underlying deferred stock units previously granted.
F3	As Trustee for the Danica Quadracci 2008 Trust. The reporting person is a trustee of the trust and/or is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.
F4	As Trustee for the Halle Victoria Quadracci 2003 Trust. The reporting person is a trustee of the trust and/or is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.
F5	As Trustee for the Meghan Angela Quadracci 2001 Trust. The reporting person is a trustee of the trust and/or is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.
F6	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.
F7	As Trustee for the H. Richard Quadracci 2014 Trust. The reporting person is a trustee of the trust and/or is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.