LAMAR ADVERTISING CO/NEW — Director's Dealing 2013

Mar 6, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAMAR ADVERTISING CO/NEW (LAMR)
CIK: 0001090425
Period of Report: 2013-03-06

Reporting Person: HAMILTON JOHN MAXWELL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-06	Class A Common Stock	M	2500	$37.35	Acquired	15052	Direct
2013-03-06	Class A Common Stock	S	2500	$46.75	Disposed	12552	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-06	Stock Option (right to buy)	$37.35	M	2500	Disposed	2014-02-06	Class A Common Stock (2500)	Direct

Footnotes

F1: The option vested in full on February 6, 2010.