X0305 4 2011-01-01 0 0001481792 Quad/Graphics, Inc. QUAD 0001495361 Quadracci Betty Ewens C/O QUAD/GRAPHICS, INC. N63 W23075 HIGHWAY 74 SUSSEX WI 53089 1 0 0 0 Class A Common Stock 2011-01-01 4 A 0 376 0 A 376 D Class A Common Stock 2012-01-01 4 A 0 1576 0 A 1952 D Class A Common Stock 1076179 I As trustee - EEQ Tr Class A Common Stock 1424 I As trustee - HRQ for Rich. Class A Common Stock 11864 I As trustee - QCT HRQ Class A Common Stock 17471 I As co-trustee - HVQ Life Ins. Tr. Class A Common Stock 7224 I By 401(a) Plan Stock Options (Right to Buy) 41.26 2011-01-01 4 A 0 2392 0 A 2021-01-01 Class A Common Stock 2392 2392 D Stock Options (Right to Buy) 14.14 2012-01-01 4 A 0 2392 0 A 2022-01-01 Class A Common Stock 2392 2392 D Class B Common Stock 2012-02-28 5 G 0 73471 0 D Class A Common Stock 73471 0 I As trustee - EEQ Tr Class B Common Stock Class A Common Stock 800000 800000 I By GRATs Class B Common Stock Class A Common Stock 51614 51614 I As co-trustee - HVQ Life Ins Tr Class C Common Stock Class A Common Stock 924 924 I By 401(a) Plan Includes 376 shares of restricted stock granted under the Quad/Graphics, Inc. 2010 Omnibus Incentive Plan that will vest on January 1, 2014. Includes 1,576 shares of restricted stock granted under the Quad/Graphics, Inc. 2010 Omnibus Incentive Plan that will vest on January 1, 2015. As Trustee for the Elizabeth E. Quadracci Rev Tr of 1980. The reporting person is a trustee of the trust and is a current or future beneficiary thereof. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein. As Trustee for the HRQ 1990 Descendants Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein. As Trustee for the Quadracci Children's Trust f/b/o Harry R. Quadracci. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein. As Co-Trustee of the Harry V. Quadracci Life Insurance Trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein. Balance reflects the most current data available with regard to the reporting person's holdings in the 401(a) Plan. Vests and becomes exercisable in three equal annual installments beginning on January 1, 2013. Vests and becomes exercisable in three equal annual installments beginning on January 1, 2014. Class B Common Stock is convertible into Class A Common Stock on a 1-for-1 basis at no cost and has no expiration date. Class C Common Stock is convertible into Class A Common Stock on a 1-for-1 basis at no cost and has no expiration date. /s/ Andrew R. Schiesl, Attorney-in-Fact for Betty Ewens Quadracci 2012-03-27