LAMAR CHARLES W III 4
4 · LAMAR ADVERTISING CO/NEW · Filed Dec 15, 2004
Insider Transaction Report
Form 4
LAMAR CHARLES W III
Director
Transactions
- Sale
Class A Common Stock
2004-12-13$42.27/sh−120,000$5,072,304→ 916,923 total(indirect: By Trust) - Other
Class A Common Stock
2004-11-19+13,292→ 591,030 total - Other
Class A Common Stock
2004-11-19+262→ 1,036,923 total(indirect: By Trust) - Other
Class A Common Stock
2004-11-19−13,823→ 330,965 total(indirect: By LLC) - Other
Class A Common Stock
2004-11-19−29,117→ 253,525 total(indirect: By LLC) - Other
Class A Common Stock
2004-11-19+291→ 591,321 total - Other
Forward Contract (right/obligation to sell)
2004-12-13−1→ 1 total→ Class A Common Stock - Other
Class A Common Stock
2004-11-19+138→ 577,738 total - Other
Class A Common Stock
2004-11-19+13,685→ 13,685 total(indirect: By Trust) - Sale
Class A Common Stock
2004-12-13$42.27/sh−50,000$2,113,460→ 541,321 total - Other
Class A Common Stock
2004-11-19+28,826→ 28,826 total(indirect: By Trust) - Gift
Class A Common Stock
2004-11-19−28,826→ 0 total(indirect: By Trust)
Footnotes (11)
- [F1]Mr. Lamar has voting and dispositive control over shares held in the CWL3 No. 2DG, LLC (the "LLC"). On November 19, 2004, the LLC distributed an aggregate of 13,823 shares to its members on a pro rata basis as follows: 138 shares to Mr. Lamar and 13,685 shares to Mr. Lamar's spouse as trustee of the Lamar A-00 Trusts for the benefit of his children (the "Trusts").
- [F10]Please refer to footnote 10 in attachment.
- [F11]Held by one of the Other Trusts.
- [F2]Shares held by the LLC.
- [F3]Shares held by the Trusts.
- [F4]The Trusts subsequently transferred 13,292 shares to Mr. Lamar in payment of principal and interest owed to Mr. Lamar pursuant to a note executed by the Trusts in favor of Mr. Lamar on September 8, 2000. The Trusts also distributed 262 shares to Lurry L. Hamilton, Jr. as trustee of the Lamar Children's Trusts for the benefit of Mr. Lamar's minor children (the "Other Trusts") and 131 shares to a third party, all in payment of certain obligations under guaranty agreements. None of the shares held by the third party is attributable to Mr. Lamar, and he disclaims any beneficial ownership thereof.
- [F5]Shares held by the Other Trusts.
- [F6]Mr. Lamar has voting and dispositive control over shares held in the CWL3 No. 3C, LLC (the "3C LLC"). On November 19, 2004, the 3C LLC distributed an aggregate of 29,117 shares to its members on a pro rata basis as follows: 291 shares to Mr. Lamar and 28,826 to Mr. Lamar's spouse as trustee of the Charles W. Lamar III Charitable Lead Annuity Trust No. 1 (the "Charitable Trust"). Mr. Lamar disclaims any beneficial ownership of the shares held by the Charitable Trust.
- [F7]Shares held by the Charitable Trust.
- [F8]Shares donated as a gift.
- [F9]Please refer to footnote 9 in attachment.