LAMAR ADVERTISING CO/NEW — Director's Dealing 2013

Feb 27, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAMAR ADVERTISING CO/NEW (LAMR)
CIK: 0001090425
Period of Report: 2013-02-25

Reporting Person: REILLY SEAN E (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-25	Class A Common Stock	A	41800	—	Acquired	41800	Direct
2013-02-25	Class A Common Stock	F	17402	$43.11	Disposed	24398	Direct

Footnotes

F1: These shares were certified by the Compensation Committee as earned in February 2013 pursuant to the previously announced performance-based equity bonus program for fiscal year 2012 under the Lamar 1996 Equity Incentive Plan, as amended.