SAGA COMMUNICATIONS INC — Director's Dealing 2013

Nov 8, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAGA COMMUNICATIONS INC (SGA)
CIK: 0000886136
Period of Report: 2013-11-06

Reporting Person: STEVENS GARY G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-06	Class A Common Stock	A	921	—	Acquired	4923	Direct

Footnotes

F1: Grant of restricted stock which vests in one-third increments on November 6, 2014, 2015 and 2016 unless reporting person is no longer a director on the applicable date. Any restricted stock which does not vest is forfeited. Notwithstanding the above, if the reporting person is a director on the occurrence or deemed occurrence of a change in control, all restricted stock shall vest.

F2: Amount adjusted for 4 for 3 stock split on January 16, 2013.