X0202 4 2004-06-15 0 0000886136 SAGA COMMUNICATIONS INC SGA 0001189344 LOBAITO MARCIA 73 KERCHEVAL AVENUE GROSSE POINTE FARMS MI 48236 0 1 0 0 Vice President and Secretary Class A Common Stock 2004-06-15 4 M 0 4000.0000 3.9980 A 4531.0000 D Class A Common Stock 2004-06-15 4 S 0 4000.0000 18.9550 D 531.0000 D Class A Common Stock 418.0000 I in 401(k) Class A Common Stock 1859.0000 I in ESPP Employee Stock Option (right to buy) 3.9980 2004-06-15 4 M 0 4000.0000 0 D 2004-06-27 Class A Common Stock 4000.0000 0 D Includes shares acquired under the Issuer's 401(k) plan since the date of Ms. Lobaito's last ownership report. Includes shares acquired under the Issuer's ESPP since the date of Ms. Lobaito's last ownership report. Option became exercisable as to 20% of the shares on each of March 1, 1995, 1996, 1997, 1998 and 1999. /s/ Marcia K. Lobaito 2004-06-16