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SAGA COMMUNICATIONS INC Director's Dealing 2013

Nov 8, 2013

34331_dirs_2013-11-08_fe40f2d3-2a2a-49d4-94e3-78b512e130d1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: GOLDSTEIN STEVEN J (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-11-06 Class A Common Stock A 3526 Acquired 16078 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 249 Indirect

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 an employee on the applicable date. Any restricted stock which does not vest is forfeited. Notwithstanding the above, if the reporting person is an employee on the occurrence or deemed occurrence of a change in control, all restricted stock shall vest.

F2: Includes shares acquired by reporting person under the issuer's 401(k) plan since last reported Form 4.