X0306 4 2015-04-01 0 0001481792 Quad/Graphics, Inc. QUAD 0001595041 Flores Kathryn Quadracci QUAD/GRAPHICS, INC. N61 W23044 HARRY'S WAY SUSSEX WI 53089-3995 1 0 0 0 Class A Common Stock 2015-04-01 4 A 0 4877 0 A 15326 D Class B Common Stock Class A Common Stock 214759 214759 D Class B Common Stock Class A Common Stock 1752 1752 I As trustee - HRQ 1990 Descendants Tr FBO Kathryn Flores 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, 2015 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. Includes 120 additional deferred stock units resulting from the payment of dividends on the class A common stock underlying deferred stock units previously granted. 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/ Russell E. Ryba, Attorney-in-Fact for Kathryn Quadracci Flores 2015-04-03