SAGA COMMUNICATIONS INC — Director's Dealing 2012

May 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAGA COMMUNICATIONS INC (SGA)
CIK: 0000886136
Period of Report: 2012-05-07

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
2012-05-07	Class A Common Stock	P	19	$34.75	Acquired	866500	Direct
2012-05-07	Class A Common Stock	P	500	$34.7	Acquired	867000	Direct
2012-05-07	Class A Common Stock	P	3	$34.65	Acquired	867003	Direct