LEE ENTERPRISES, Inc — Director's Dealing 2015

Dec 15, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEE ENTERPRISES, INC (LEE)
CIK: 0000058361
Period of Report: 2015-12-11

Reporting Person: JUNCK MARY E (Director, Dir., Chairman, Pres.&CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-11	Common Stock	A	200000	—	Acquired	1530173	Direct
2015-12-11	Common Stock	A	200000	—	Acquired	1730173	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-28	Employee Stock Option (Right to Buy)	$2.57	A	165000	Acquired	2020-09-28	Common Stock (165000)	Direct

Footnotes

F1: Award of restricted stock in accordance with Section 16b-3(d) of the Exchange Act by the Company's independent Executive Compensation Committee ("ECC") containing vesting restrictions with target amounts of restricted stock, subject to a reduction in share amounts, based on achievement of performance goals established by the ECC under the Issuer's Amended and Restated Incentive Compensation Program (effective as of November 20, 2013).

F2: Award by Issuer's ECC of non-incentive restricted shares of Common Stock pursuant to the Issuer's Amended and Restated 1990 Long-Term Incentive Plan. On the transaction date, the closing price on the NYSE of the Issuer's Common Stock was $1.53 per share.

F3: 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.