Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Dunlop Robert I
  2. Issuer Name and Ticker or Trading Symbol
FISHER COMMUNICATIONS INC [FSCI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive VP Operations
(Last)
(First)
(Middle)
140 FOURTH AVE. N., SUITE 500
3. Date of Earliest Transaction (Month/Day/Year)
10/22/2012
(Street)

SEATTLE, WA 98109
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/22/2012   A   6,298 (1) A $ 0 40,679 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 6 (2)             03/11/2010(3) 03/11/2019 Common Stock 6,796 (2)   6,796 D  
Stock Option (Right to Buy) $ 5.88 (4)             03/09/2011(5) 03/09/2020 Common Stock 4,650 (4)   4,650 D  
Stock Option (Right to Buy) $ 16.71 (6)             03/01/2012(7) 03/01/2021 Common Stock 3,711 (6)   3,711 D  
Stock Option (Right to Buy) $ 20.8 (8)             03/13/2013(9) 03/13/2022 Common Stock 2,943 (8)   2,943 D  
Stock Option (Right to Buy) $ 26.29 (10)             07/29/2009(11) 07/29/2018 Common Stock 5,935 (10)   5,935 D  
Stock Option (Right to Buy) $ 20.48 (12)             03/12/2009(13) 03/12/2018 Common Stock 7,250 (12)   7,250 D  
Stock Option (Right to Buy) $ 35.58 (14)             12/04/2007(15) 12/04/2016 Common Stock 3,000 (14)   3,000 D  
Stock Option (Right to Buy) $ 33.09 (16)             03/07/2007(17) 03/07/2016 Common Stock 2,800 (16)   2,800 D  
Stock Option (Right to Buy) $ 41.8 (18)             03/07/2006(19) 03/07/2015 Common Stock 3,500 (18)   3,500 D  
Stock Option (Right to Buy) $ 41.89 (20)             02/11/2005(21) 02/11/2014 Common Stock 2,500 (20)   2,500 D  
Stock Option (Right to Buy) $ 37.27 (22)             04/24/2004(23) 04/24/2013 Common Stock 5,000 (22)   5,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Dunlop Robert I
140 FOURTH AVE. N., SUITE 500
SEATTLE, WA 98109
      Executive VP Operations  

Signatures

 /s/ Christopher J. Bellavia, Attorney-in-fact   10/23/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents additional restricted stock units ("RSUs") resulting from the adjustment of outstanding RSUs in connection with the payment of a $10.00 per share extraordinary dividend by the issuer. The RSUs reported are subject to the same vesting schedule as the original RSUs to which they relate.
(2) This option was previously reported as an option covering 5,000 shares at an exercise price of $8.15 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(3) This option vests at the rate of 25% on March 11, 2010 and additional 25% on each anniversary date of the original grant thereafter until fully vested.
(4) This option was previously reported as an option covering 4,650 shares at an exercise price of $15.49 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(5) This option vests at the rate of 25% on March 9, 2011 and additional 25% on each anniversary date of the original grant thereafter until fully vested.
(6) This option was previously reported as an option covering 3,711 shares at an exercise price of $26.32 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(7) This option vests at the rate of 25% on March 1, 2012 and additional 25% on each anniversary date of the original grant thereafter until fully vested.
(8) This option was previously reported as an option covering 2,943 shares at an exercise price of $30.41 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(9) This option vests at the rate of 25% on March 13, 2013 and additional 25% on each anniversary date of the original grant thereafter until fully vested.
(10) This option was previously reported as an option covering 5,935 shares at an exercise price of $35.90 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(11) This option vests at the rate of 20% on July 29, 2009 and additional 20% on each anniversary date of the original grant thereafter until fully vested.
(12) This option was previously reported as an option covering 7,250 shares at an exercise price of $30.09 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(13) This option vests at the rate of 20% on March 12, 2009 and additional 20% on each anniversary date of the original grant thereafter until fully vested.
(14) This option was previously reported as an option covering 3,000 shares at an exercise price of $45.19 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(15) This option vested at the rate of 20% on December 4, 2007 and additional 20% on each anniversary date of the original grant thereafter until fully vested.
(16) This option was previously reported as an option covering 2,800 shares at an exercise price of $42.70 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(17) This option vested at the rate of 20% on March 7, 2007 and additional 20% on each anniversary date of the original grant thereafter until fully vested
(18) This option was previously reported as an option covering 3,500 shares at an exercise price of $51.41 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(19) This option vested at the rate of 20% on March 7, 2006 and additional 20% on each anniversary date of the original grant thereafter until fully vested.
(20) This option was previously reported as an option covering 2,500 shares at an exercise price of $51.50 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(21) This option vested at the rate of 20% on February 11, 2005 and additional 20% on each anniversary date of the original grant thereafter until fully vested.
(22) This option was previously reported as an option covering 5,000 shares at an exercise price of $46.88 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
(23) This option vested at the rate of 20% on April 24, 2004 and additional 20% on each anniversary date of the original grant thereafter until fully vested.

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