LAMAR ADVERTISING CO/NEW — Director's Dealing 2015

May 29, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAMAR ADVERTISING CO/NEW (LAMR)
CIK: 0001090425
Period of Report: 2015-05-28

Reporting Person: Reilly Wendell (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-28	Class A Common Stock	A	490	—	Acquired	2320	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	10	Indirect
Class A Common Stock	5000	Indirect

Footnotes

F1: The securities reported were granted pursuant to the Issuer's 1996 Equity Incentive Plan. 245 shares were fully vested on the date of grant, and the remaining 245 shares vest on the last day of the Reporting Person's one-year term as director of the Issuer.

F2: The spouse of the reporting person is the general partner of Lamar Legacy, L.P., which owns the reported securities.