SAGA COMMUNICATIONS INC - Director's Dealing 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAGA COMMUNICATIONS INC (SGA)
CIK: 0000886136
Period of Report: 2014-03-04

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-04	Class A Common Stock	S	100	$53.855	Disposed	1253657	Direct
2014-03-04	Class A Common Stock	S	557	$54	Disposed	1253100	Direct
2014-03-04	Class A Common Stock	S	600	$54.2	Disposed	1252500	Direct
2014-03-04	Class A Common Stock	S	500	$54.3	Disposed	1252000	Direct
2014-03-04	Class A Common Stock	S	500	$54.4	Disposed	1251500	Direct
2014-03-04	Class A Common Stock	S	500	$54.5	Disposed	1251000	Direct
2014-03-04	Class A Common Stock	S	500	$54.6	Disposed	1250500	Direct
2014-03-04	Class A Common Stock	S	200	$54.645	Disposed	1250300	Direct
2014-03-04	Class A Common Stock	S	500	$54.7	Disposed	1249800	Direct
2014-03-04	Class A Common Stock	S	1000	$54.8	Disposed	1248800	Direct
2014-03-04	Class A Common Stock	S	100	$54.855	Disposed	1248700	Direct
2014-03-04	Class A Common Stock	S	842	$54.9	Disposed	1247858	Direct