SAGA COMMUNICATIONS INC — Director's Dealing 2015

Nov 17, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAGA COMMUNICATIONS INC (SGA)
CIK: 0000886136
Period of Report: 2015-11-13

Reporting Person: STEVENS GARY G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-13	Class A Common Stock	A	1059	$40.09	Acquired	7105	Direct

Footnotes

F1: Grant of restricted stock which vests in one-third increments on November 6, 2016, 2017 and 2018 unless reporting person is no longer an employee on 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.