LAMAR ADVERTISING CO/NEW — Director's Dealing 2017

Mar 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAMAR ADVERTISING CO/NEW (LAMR)
CIK: 0001090425
Period of Report: 2017-03-02

Reporting Person: HAMILTON JOHN MAXWELL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-02	Class A Common Stock	M	2000	$42.21	Acquired	17431	Direct
2017-03-02	Class A Common Stock	S	2000	$76.00	Disposed	15431	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-02	Stock Option (right to buy)	$42.21	M	2000	Disposed	2023-01-24	Class A Common Stock (2000)	Direct

Footnotes

F1: The options became fully vested on January 24, 2017.