LEE ENTERPRISES, Inc — Director's Dealing 2017

Feb 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEE ENTERPRISES, INC (LEE ENT)
CIK: 0000058361
Period of Report: 2017-02-07

Reporting Person: Gulledge Michael R (VP Ad Sales Leadership & Pub.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-07	Common Stock	M	28415	$1.49	Acquired	107796	Direct
2017-02-07	Common Stock	S	3100	$3.060	Disposed	104696	Direct
2017-02-07	Common Stock	S	25015	$3.001	Disposed	79681	Direct
2017-02-09	Common Stock	S	300	$3.00	Disposed	79381	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	36800	Acquired	2020-09-28	Common Stock (36800)	Direct
2017-02-07	Employee Stock Option (Right to Buy)	$1.49	M	28415	Disposed	2022-09-20	Common Stock (133415)	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.

F2: Due to a scrivener's error, the Reporting Person's Table II, line 2, column 6 listed an incorrect Exercisable Date of September 20, 2013. The correct Exercisable Date should be September 20, 2012.