SEC Form 4/A · accession 0001140361-17-046261
LEE ENTERPRISES, Inc · LEE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Michael R Gulledge
Officer — Vice President Publishing
Period of report
Dec 12, 2017
Accepted (ET)
Dec 14, 2017 · 5:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000058361
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 12, 2017 | F | 7,337 | $2.35 | D | 59,728 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $2.57 | Sep 28, 2010 | A | 36,800 | A | Sep 28, 2011 | Sep 28, 2020 | Common Stock | 36,800 | 36,800 | D |
| Employee Stock Option (Right to Buy)F3 | $1.49 | Feb 7, 2017 | M | 28,415 | D | Sep 20, 2012 | Sep 20, 2022 | Common Stock | 133,415 | 0 | D |
Explanation of responses
- F1Exercise of tax withholding right in connection with vesting of previously granted (and reported) restricted stock resulting in a deemed disposition of the withheld shares back to LEE.
- F2The Reporting Person's Form 4 contained a scrivener's error in Table I, Section 5, resulting in an overstatement of Reporting Person's holdings by 2,347 shares. This Amendment corrects the error.
- F3These 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.