SAGA COMMUNICATIONS INC — Director's Dealing 2016

Nov 30, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAGA COMMUNICATIONS INC (SGA)
CIK: 0000886136
Period of Report: 2016-11-28

Reporting Person: Stephens David B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-28	Class A Common Stock	A	555	$48.6	Acquired	4526	Direct

Footnotes

F1: Grant of restricted stock which vests in one-third increments on November 6, 2017, 2018 and 2019 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.