X0306 4 2017-01-30 0000783005 EMMIS COMMUNICATIONS CORP EMMS 0001001748 SMULYAN JEFFREY H 40 MONUMENT CIRCLE SUITE 700 INDIANAPOLIS IN 46204 1 1 1 1 Chairman,CEO member of 10% 13(d) group Class A Common Stock 2017-01-30 4 A 0 7618.0000 0.0000 A 116790.0000 D Class A Common Stock 2017-01-30 4 F 0 3948.0000 3.1500 D 112842.0000 D Class A Common Stock 2719.6279 I By 401(k) Plan Class A Common Stock 2780.0000 I By Trusts for Children The Company exercised its right under Executive's employment agreement to pay a portion of the executive's salary in shares of Class A Common Stock. Total number of shares withheld to satisfy tax withholding obligations. J. Scott Enright, attorney in fact 2017-01-31