LEE ENTERPRISES, Inc — Director's Dealing 2021

Dec 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEE ENTERPRISES, Inc (LEE ENT)
CIK: 0000058361
Period of Report: 2021-12-07

Reporting Person: HUMENIK JOHN M. (Vice President - News)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-07	Common Stock	F	794	$24.85	Disposed	13233	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$11.3	2022-04-30	Common Stock (700)	0	Direct

Footnotes

F1: Exercise of tax withholding in connection with vesting of previously granted (and reported) restricted stock resulting in a deemed disposition of the withheld shares back to Lee.

F2: This Form 4 adjusts the Amount of Securities Beneficially Owned by the Reporting Person and Exercise Price of Derivative Security, the value of which was adjusted following the Issuer effectuating a one-for-ten (1:10) reverse stock split on March 12, 2021.

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.