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Emmis Communications Corp (EMMS)

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Insider Trading: Sales

Insider	Price	Amount	Total Value	Remaining Holdings	Date	Form 4
Bayh Director	$2.50	72,000	$180,043.20	161,133	2013-07-09	Filing
Bayh Director	$2.51	50,000	$125,720.00	233,133	2013-07-09	Filing
Bayh Director	$2.50	15,158	$37,895.00	283,133	2013-07-09	Filing
Bayh Director	$2.21	12,194	$26,951.18	298,291	2013-07-02	Filing
Bayh Director	$2.20	1,500	$3,300.00	310,485	2013-07-01	Filing
Cummings Officer	$1.54	22,131	$34,081.74	160,854	2013-05-17	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.78	4,500	$7,999.65	12,862	2013-02-08	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.77	7,100	$12,539.31	12,862	2013-02-07	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.81	3,700	$6,681.46	12,862	2013-02-06	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.80	12,500	$22,552.50	12,862	2013-02-05	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.86	4,900	$9,131.64	12,862	2013-02-04	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.83	5,600	$10,231.20	12,862	2013-02-01	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.88	30,820	$57,895.37	12,862	2013-01-31	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.82	9,431	$17,148.39	3,971	2013-01-30	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.88	71,422	$134,423.35	13,402	2013-01-29	Filing
Smulyan Large Shareholder, Officer, Director, Other	$1.90	100	$190.00	84,824	2013-01-28	Filing
Leventhal Director	$2.00	3,000	$6,000.00	387,361	2013-01-24	Filing
Leventhal Director	$1.97	2,600	$5,122.00	390,361	2013-01-23	Filing
Leventhal Director	$1.97	400	$788.00	392,961	2013-01-22	Filing
Leventhal Director	$1.94	3,000	$5,820.00	393,361	2013-01-17	Filing