LAMAR ADVERTISING CO/NEW — Director's Dealing 2014

Feb 26, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAMAR ADVERTISING CO/NEW (LAMR)
CIK: 0001090425
Period of Report: 2014-02-24

Reporting Person: REILLY KEVIN P JR (Director, President, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-24	Class A Common Stock	A	15400	—	Acquired	178582	Direct
2014-02-24	Class A Common Stock	F	5277	$50.44	Disposed	173305	Direct

Footnotes

F1: These shares were certified by the Compensation Committee as earned in February 2014 pursuant to the previously announced performance-based equity bonus program for fiscal year 2013 under the Lamar 1996 Equity Incentive Plan, as amended.