LEE ENTERPRISES, Inc — Director's Dealing 2012

Oct 2, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: LEE ENTERPRISES, INC (LEE)
CIK: 0000058361
Period of Report: 2012-09-28

Reporting Person: MASTERSON WILLIAM T. JR. (Vice President - Newspapers)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6882	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options (Right to Buy)	$32.49	2012-11-13	Common Stock (250)		Direct
Employee Stock Options (Right to Buy)	$32.49	2012-11-13	Common Stock (750)		Direct
Employee Stock Options (Right to Buy)	$43.25	2013-11-12	Common Stock (175)		Direct
Employee Stock Options (Right to Buy)	$43.25	2013-11-12	Common Stock (525)		Direct
Employee Stock Options (Right to Buy)	$47.64	2014-11-19	Common Stock (212)		Direct
Employee Stock Options (Right to Buy)	$47.64	2014-11-19	Common Stock (638)		Direct
Employee Stock Options (Right to Buy)	$39.60	2015-11-18	Common Stock (258)		Direct
Employee Stock Options (Right to Buy)	$39.60	2015-11-18	Common Stock (772)		Direct
Employee Stock Options (Right to Buy)	$28.72	2016-11-14	Common Stock (2895)		Direct
Employee Stock Options (Right to Buy)	$28.72	2016-11-14	Common Stock (965)		Direct
Employee Stock Options (Right to Buy)	$2.07	2019-08-21	Common Stock (10000)		Direct
Employee Stock Options (Right to Buy)	$2.57	2020-09-28	Common Stock (15000)		Direct
Employee Stock Options (Right to Buy)	$1.13	2022-04-30	Common Stock (20000)		Direct

Footnotes

F1: These securities are exercisable as follows: 30% upon the first anniversary date of the grant; 60% upon the second anniversary date of the grant; and 100% upon the third anniversary date of the grant.