Statement of Changes in Beneficial Ownership (4)
February 16 2021 - 4:09PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
REILLY SEAN E |
2. Issuer Name and Ticker or Trading Symbol
LAMAR ADVERTISING CO/NEW
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LAMR
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Executive Officer |
(Last)
(First)
(Middle)
C/O LAMAR ADVERTISING COMPANY, 5321 CORPORATE BOULEVARD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/22/2020 |
(Street)
BATON ROUGE, LA 70808
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Class B Common Stock | (1) | 12/22/2020 | | G |
V
| | 800460 | (1) | (1) | Class A Common Stock | 800460 | $0 | $0 | D (2) | |
Class B Common Stock | (1) | 12/22/2020 | | G |
V
| 800460 | | (1) | (1) | Class A Common Stock | 800460 | $0 | 800460 | I (2) | By LLC |
Class B Common Stock | (1) | | | | | | | (1) | (1) | Class A Common Stock | 9000000 | | 9000000 | I (3) | By LLC |
Class B Common Stock | (1) | | | | | | | (1) | (1) | Class A Common Stock | 757375 | | 757375 | I (4) | By LLC |
Explanation of Responses: |
(1) | Pursuant to the terms of the Issuer's Certificate of Incorporation, the Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis, exercisable immediately, and has no expiration date. |
(2) | Shares held by SRAA, LLC ("SRAA") of which the reporting person is the sole manager. The manager has sole voting and dispositive power over the shares held by SRAA. The reporting person gifted shares held by him individually to SRAA. |
(3) | Shares held by the Reilly Family, LLC of which the reporting person is a manager. |
(4) | Shares held by the Jennifer and Sean Reilly Family, LLC, of which the reporting person and his spouse are members. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
REILLY SEAN E C/O LAMAR ADVERTISING COMPANY 5321 CORPORATE BOULEVARD BATON ROUGE, LA 70808 |
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| Chief Executive Officer |
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Signatures
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/s/ James McIlwain, as attorney-in-fact | | 2/16/2021 |
**Signature of Reporting Person | Date |
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