LEE ENTERPRISES, Inc — Director's Dealing 2016

Dec 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEE ENTERPRISES, INC (LEE)
CIK: 0000058361
Period of Report: 2016-12-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-09	Common Stock	A	200000	$0.00	Acquired	1670972	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 common stock in accordance with Rule 16b-3(d) of the Exchange Act by the Company's independent Executive Compensation Committee ("ECC") containing vesting restrictions with target amount of restricted common 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). On the transaction date, the closing price on the NYSE of the Company's common stock was $3.35 per share.

F2: 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.