Filing Details

Accession Number:
0001181431-10-058995
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-02 19:54:46
Reporting Period:
2010-11-30
Filing Date:
2010-12-02
Accepted Time:
2010-12-02 19:54:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1090425 Lamar Advertising Cow LAMR Services-Advertising Agencies (7311) 721449411
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1252464 H Edward Mcdermott 591 Redwood Highway , Suite 3215
Mill Valley CA 94941
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-11-30 0 $0.00 0 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
Footnotes
  1. On November 30, 2010, Edward H. McDermott ("EHM") purchased one-third of the outstanding shares of SPO Advisory Corp. ("SPO Corp.") previously owned by William J. Patterson. William J. Patterson passed away on September 24, 2010. Following the transaction which caused this filing, 17,902,984 shares of the issuer's common stock are owned directly by SPO Partners II, L.P. ("SPO Partners"), and may be deemed to be indirectly beneficially owned by (i) SPO Advisory Partners, L.P. ("SPO Advisory"), the sole general partner of SPO Partners, (ii) SPO Corp., the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS"), William E. Oberndorf ("WEO") and EHM, the three controlling persons of SPO Corp.
  2. Additionally, following the transaction causing this filing, 735,730 shares of the issuer's common stock are owned directly by San Francisco Partners, L.P. ("SF Partners"), and may be deemed to be indirectly beneficially owned by (i) SF Advisory Partners, L.P. ("SF Advisory"), the sole general partner of SF Partners, (ii) SPO Corp., the sole general partner of SF Advisory, and (iii) JHS, WEO and EHM, the three controlling persons of SPO Corp.
  3. Additionally, following the transactions causing this filing, EHM beneficially owns 800 shares of the issuer's common stock held in the EHM individual retirement account, which is self directed. Additionally, EHM owns 3,234 shares of the issuer's common stock and 10,000 non-qualified stock options of the Issuer. Pursuant to the partnership agreement governing SPO Partners, these shares and stock options may be deemed to be beneficially owned by SPO Partners together with any profits arising therefrom.