Insider Trades - CUMMINGS RICHARD F

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CUMMINGS RICHARD F: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Emmis Communications Corporatio Officer NasdaqGS:EMMS (historical quotes, profile, SEC, other insiders)	17-May-13	160,854	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
17-May-13 22,131 EMMS Sale at $1.54 per share.
(Proceeds of $34,081)
9-May-13 35,455 EMMS Acquisition (Non Open Market) at $0 per share.
9-May-13 13,324 EMMS Disposition (Non Open Market) at $1.46 per share.
(Value of $19,453)
15-Feb-13 46,100 EMMS Acquisition (Non Open Market) at $0 per share.
24-Jan-13 29,467 EMMS Acquisition (Non Open Market) at $0 per share.
24-Jan-13 12,931 EMMS Disposition (Non Open Market) at $1.97 per share.
(Value of $25,474)
15-Jan-13 24,245 EMMS Sale at $1.91 per share.
(Proceeds of $46,307)
14-Jan-13 63,255 EMMS Sale at $1.91 per share.
(Proceeds of $120,817)
14-May-12 35,000 EMMS Acquisition (Non Open Market) at $1.33 - $1.35 per share.
(Value of about $47,000)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
17-May-13	22,131	EMMS	Sale at $1.54 per share. (Proceeds of $34,081)
9-May-13	35,455	EMMS	Acquisition (Non Open Market) at $0 per share.
9-May-13	13,324	EMMS	Disposition (Non Open Market) at $1.46 per share. (Value of $19,453)
15-Feb-13	46,100	EMMS	Acquisition (Non Open Market) at $0 per share.
24-Jan-13	29,467	EMMS	Acquisition (Non Open Market) at $0 per share.
24-Jan-13	12,931	EMMS	Disposition (Non Open Market) at $1.97 per share. (Value of $25,474)
15-Jan-13	24,245	EMMS	Sale at $1.91 per share. (Proceeds of $46,307)
14-Jan-13	63,255	EMMS	Sale at $1.91 per share. (Proceeds of $120,817)
14-May-12	35,000	EMMS	Acquisition (Non Open Market) at $1.33 - $1.35 per share. (Value of about $47,000)