SAGA COMMUNICATIONS INC — Director's Dealing 2013

Mar 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAGA COMMUNICATIONS INC (SGA)
CIK: 0000886136
Period of Report: 2013-03-01

Reporting Person: CHRISTIAN EDWARD K (Director, Chairman, Pres and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-01	Class A Common Stock	C	363	—	Acquired	363	Direct
2013-03-01	Class A Common Stock	F	363	$43.98	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-01	Class B Common Stock	$	C	363	Disposed		Class A Common Stock (363)	Direct

Footnotes

F1: Adjusted for 4 for 3 split on January 16, 2013.

F2: Acquired upon conversion of Class B Common Stock on a 1 for 1 basis.

F3: Class B shares automatically convert into Class A shares on a 1 for 1 basis upon their sale by the reporting person.