SAGA COMMUNICATIONS INC — Director's Dealing 2012

May 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAGA COMMUNICATIONS INC (SGA)
CIK: 0000886136
Period of Report: 2012-05-23

Reporting Person: TOWERVIEW LLC (10% Owner)
Reporting Person: TISCH DANIEL R (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-23	Class A Common Stock	P	831	$34.5	Acquired	874731	Direct