X0202 4 2006-11-13 0 0001091801 MARTHA STEWART LIVING OMNIMEDIA INC MSO 0001295744 Lyne Susan M 11 WEST 42ND STREET NEW YORK NY 10036 1 1 0 0 President and CEO Class A Common Stock, par value $0.01 2006-11-13 4 F 0 24300 20.95 D 155045 D Stock Options (Right to Buy) 8.97 2014-06-21 Class A Common Stock, par value $0.01 25000 25000 D Stock Options (Right to Buy) 18.57 2014-11-11 Class A Common Stock, par value $0.01 400000 400000 D The reporting person was granted 200,000 shares of restricted stock pursuant to a restricted stock grant agreement under the Issuer's 1999 Stock Incentive Plan. On November 11, 2006, 50,000 shares vested, 24,300 of which were withheld to pay applicable withholding taxes. 8,333 of these options vested and became exercisable on 6/21/05. 8,333 of these options vested and became exercisable on 6/21/06, and 8,334 will vest and become exercisable on 6/21/07. The reporting person was granted 400,000 options to purchase stock pursuant to a stock option agreement under the Issuer's 1999 Stock Incentive Plan. On November 11, 2005, 133,333 options vested and became exercisable. On November 11, 2006, 133,333 options vested and became exersiable. 133,334 will vest and become exercisable on November 11, 2007. /s/ John R. Cuti, Attorney-in-Fact for Susan M. Lyne 2006-11-14