X0306 4 2015-04-01 0 0001481792 Quad/Graphics, Inc. QUAD 0001164474 ANGELSON MARK A C/O QUAD/GRAPHICS, INC. N61 W23044 HARRY'S WAY SUSSEX WI 53089 1 0 0 0 Class A Common Stock 2015-04-01 4 A 0 4877 0 A 7195 D Includes 4,877 shares attributable to deferred stock units granted under the Quad/Graphics, Inc. 2010 Omnibus Incentive Plan that will be delivered to the reporting person on the earlier of April 1, 2017 or the reporting person's separation from service. Any dividend or other distribution paid with respect to class A common stock underlying the deferred stock units shall accrue and be converted into additional deferred stock units based on the closing price of class A common stock on any such dividend date. /s/ Russell E. Ryba, Attorney-In-Fact for Mark A. Angelson 2015-04-03