LAMAR ADVERTISING CO/NEW — Director's Dealing 2015

Feb 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAMAR ADVERTISING CO/NEW (LAMR)
CIK: 0001090425
Period of Report: 2015-02-23

Reporting Person: REILLY SEAN E (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-23	Class A Common Stock	A	42900	—	Acquired	52692	Direct
2015-02-23	Class A Common Stock	F	18632	$58.18	Disposed	34060	Direct

Footnotes

F1: These shares were certified by the Compensation Committee as earned in February 2015 pursuant to the previously announced performance-based equity bonus program for fiscal year 2014 under the Lamar 1996 Equity Incentive Plan, as amended.