X0306 4 2013-10-18 0 0001481792 Quad/Graphics, Inc. QUAD 0001495361 Quadracci Betty Ewens C/O QUAD/GRAPHICS, INC. N61 W23044 HARRY'S WAY SUSSEX WI 53089 1 0 0 0 Class A Common Stock 2013-10-18 4 S 0 288767 32.00 D 787412 I As trustee - EEQ Tr Class A Common Stock 3608 D Class A Common Stock 7894 I By 401(a) Plan 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. Stock Options (Right to Buy) 19.12 2012-05-14 2021-11-18 Class A Common Stock 2000 2000 D Stock Options (Right to Buy) 23.37 2017-01-31 Class A Common Stock 5000 5000 D Stock Options (Right to Buy) 29.37 2018-01-31 Class A Common Stock 2500 2500 D Stock Options (Right to Buy) 15.37 2019-01-31 Class A Common Stock 2500 2500 D Stock Options (Right to Buy) 16.62 2020-01-31 Class A Common Stock 2500 2500 D Stock Options (Right to Buy) 41.26 2021-01-01 Class A Common Stock 2392 2392 D Stock Options (Right to Buy) 14.14 2022-01-01 Class A Common Stock 2392 2392 D Class B Common Stock Class A Common Stock 487038 487038 I By GRATs Class B Common Stock Class A Common Stock 186280 186280 I As trustee - EEQ Tr Class B Common Stock Class A Common Stock 51614 51614 I As co-trustee - HVQ Life Ins Tr The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 5, 2013. 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. Became exercisable as to 2,500 shares on May 14, 2012, and become exercisable ratably over the next three years with respect to the remaining shares beginning on November 18, 2012. Became exercisable as to 1,000 shares on May 14, 2012, and become exercisable ratably over the next three years with respect to the remaining shares beginning on November 18, 2012. Became exercisable as to 750 shares on May 14, 2012, and become exercisable ratably over the next three years with respect to the remaining shares beginning on November 18, 2012. Became exercisable as to 500 shares on May 14, 2012, and become exercisable ratably over the next three years with respect to the remaining shares beginning on November 18, 2012. 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. /s/ Andrew R. Schiesl, Attorney-in-Fact for Betty Ewens Quadracci 2013-10-22