X0303 4 2011-01-13 0 0001091801 MARTHA STEWART LIVING OMNIMEDIA INC MSO 0001103637 STEWART MARTHA 601 WEST 26TH STREET NEW YORK NY 10001 0 1 1 0 Chief Editorial/ Content 0001256813 MARTHA STEWART FAMILY LIMITED PARTNERSHIP 10 NEWTOWN TURNPIKE 2ND FLOOR WESTPORT CT 06880 0 0 1 0 Class A Common Stock, par value $0.01 2011-01-13 4 S 0 83333 4.0584 D 1 I As General Partner of the Martha Stewart Family Limited Partnership Class A Common Stock, par value $0.01 2011-01-14 4 C 0 249999 0.00 A 250000 I As General Partner of the Martha Stewart Family Limited Partnership Class A Common Stock, par value $0.01 10648 I As Sole Director of M. Stewart, Inc., the General Partner of Martha Stewart Partners, L.P. Class A Common Stock, par value $0.01 37270 I As a Trustee of the Martha Stewart 2000 Family Trust Class A Common Stock, par value $0.01 721112 I As a Trustee of the Martha and Alexis Stewart Charitable Foundation Class A Common Stock, par value $0.01 34916 D Class B Common Shares, par value $0.01 0.00 2011-01-14 4 C 0 249999 0.00 D Class A Common Stock, par value $0.01 249999 26067961 I As General Partner of the Martha Stewart Family Limited Partnership Stock Options (Right to Buy) 5.48 2020-02-28 Class A Common Stock, par value $0.01 300000 300000 D Stock Options (Right to Buy) 1.96 2019-02-28 Class A Common Stock, par value $0.01 850000 850000 D Stock Options (Right to Buy) 7.04 2018-03-03 Class A Common Stock, par value $0.01 750000 750000 D Stock Options (Right to Buy) 15.90 2006-02-15 2012-02-15 Class A Common Stock, par value $0.01 150000 150000 D This sale was pursuant to a Rule 10b5-1 trading plan adopted by the reporting person(s) on May 13, 2010. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.03 to $4.08 per share. The reporting person(s) undertake to provide to Martha Stewart Living Omnimedia, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4. Pursuant to the terms of the Issuer's Certificate of Incorporation, each share of Class B Common Stock is convertible at any time into one share of Class A Common Stock at the option of the holder thereof or automatically upon certain transfers. The shares do not have an expiration date. This option vests ratably on each of the first, second, third and fourth anniversaries of the date of the grant, which was March 1, 2010. This option vests ratably on each of the first, second, third and fourth anniversaries of the date of the grant, which was March 2, 2009. 33% of this option vested and became exercisable on each of June 15, 2009 and July 15, 2010. 34% will vest and become exercisable on August 15, 2011. /s/ Peter Hurwitz Attorney-in-fact for Martha Stewart, as an individual and as General Partner of the Martha Stewart Family Limited Partnership 2011-01-14