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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

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 (MM/DD/YYYY)

10/22/2012
(Street)

SEATTLE, WA 98109
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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    6298   (1) A $0.00   40679   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)   $6.00   (2)                  3/11/2010   (3) 3/11/2019   Common Stock   6796   (2)   6796   D    
Stock Option (Right to Buy)   $5.88   (4)                  3/9/2011   (5) 3/9/2020   Common Stock   4650   (4)   4650   D    
Stock Option (Right to Buy)   $16.71   (6)                  3/1/2012   (7) 3/1/2021   Common Stock   3711   (6)   3711   D    
Stock Option (Right to Buy)   $20.80   (8)                  3/13/2013   (9) 3/13/2022   Common Stock   2943   (8)   2943   D    
Stock Option (Right to Buy)   $26.29   (10)                  7/29/2009   (11) 7/29/2018   Common Stock   5935   (10)   5935   D    
Stock Option (Right to Buy)   $20.48   (12)                  3/12/2009   (13) 3/12/2018   Common Stock   7250   (12)   7250   D    
Stock Option (Right to Buy)   $35.58   (14)                  12/4/2007   (15) 12/4/2016   Common Stock   3000   (14)   3000   D    
Stock Option (Right to Buy)   $33.09   (16)                  3/7/2007   (17) 3/7/2016   Common Stock   2800   (16)   2800   D    
Stock Option (Right to Buy)   $41.80   (18)                  3/7/2006   (19) 3/7/2015   Common Stock   3500   (18)   3500   D    
Stock Option (Right to Buy)   $41.89   (20)                  2/11/2005   (21) 2/11/2014   Common Stock   2500   (20)   2500   D    
Stock Option (Right to Buy)   $37.27   (22)                  4/24/2004   (23) 4/24/2013   Common Stock   5000   (22)   5000   D    

Explanation of Responses:
( 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.

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


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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