Filing Details

Accession Number:
0001181431-12-066049
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-19 19:35:56
Reporting Period:
2012-12-17
Filing Date:
2012-12-19
Accepted Time:
2012-12-19 19:35:56
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
919468 Spo Advisory Corp 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
948279 Sf Advisory Partners Lp 591 Redwood Highway , Suite 3215
Mill Valley CA 94941
No No Yes No
1046206 Spo Partners Ii Lp 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
1202553 H John Scully 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
1252456 Spo Advisory Partners Lp 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
1252458 San Francisco Partners Lp 591 Redwood Highway, Suite 3215
Mill Valley CA 94941
No No Yes No
1252464 H Edward Mcdermott 591 Redwood Highway , Suite 3215
Mill Valley CA 94941
No No Yes No
1252480 Foundation Snow Phoebe 591 Redwood Highway , Suite 3215
Mill Valley CA 94941
No 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 Disposition 2012-12-17 3,000,000 $39.21 10,108,514 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
Footnotes
  1. The entities and individuals directly selling these shares reported in this filing are SPO Partners II, L.P. ("SPO Partners"), which sold 2,918,700 shares, San Francisco Partners, L.P. ("SF Partners"), which sold 64,900 shares, and Phoebe Snow Foundation ("PSF"), which sold 16,400 shares. The range of prices for the sales on 12/17/12, reported on Line 1 above, was $39.15-39.34.
  2. As a result of the sales causing this filing, 9,656,684 shares are owned directly by 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 Advisory Corp. ("SPO Corp."), the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS") and Edward H. McDermott ("EHM"), the two controlling persons of SPO Corp. Additionally, as a result of the sales causing this filing, 451,830 shares are owned directly by 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 and EHM, the two controlling persons of SPO Corp.
  3. Additionally, JHS owns 13,000 shares in his IRAs, which are self directed, EHM owns 600 shares in his IRA, which is self directed, and PSF owns 95,700 shares. Additionally, EHM directly owns 3,234 shares of the Issuer's common stock. These shares were granted to EHM when he was a director of the company. Pursuant to the partnership agreement governing SPO Partners, these shares owned by EHM may be deemed to be indirectly beneficially owned by SPO Partners, along with any profits arising from the sale of the aforementioned shares.