LAMAR ADVERTISING CO/NEW — Director's Dealing 2017

Dec 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAMAR ADVERTISING CO/NEW (LAMR)
CIK: 0001090425
Period of Report: 2017-12-14

Reporting Person: MUMBLOW STEPHEN P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-14	Class A Common Stock	M	4000	$42.21	Acquired	11031	Direct
2017-12-14	Class A Common Stock	S	4000	$78.3314	Disposed	7031	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-14	Class A Common Stock	$42.21	M	4000	Disposed	2023-01-24	Class A Common Stock (4000)	Direct

Footnotes

F1: The options were fully vested as of January 24, 2017.