SEC Form 4/A · accession 0001140361-18-001948
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 19, 2017
Accepted (ET)
Jan 12, 2018 · 5:07 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 | Dec 19, 2017 | S | 14,663 | $2.3127 | D | 45,065 | 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)F2 | $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)F2 | $1.49 | Feb 7, 2017 | M | 28,415 | D | Sep 20, 2012 | Sep 20, 2022 | Common Stock | 133,415 | 0 | D |
Explanation of responses
- F1This amended Form 4 is being filed to correct the Form 4 filed by the Reporting Person on December 19, 2017 (the "Latest Form 4 Filing"), which incorrectly reported in Column 5 of Table I the amount of securities beneficially owned following the reported transaction. In a Form 4 filing that was filed on December 8, 2017, the number of shares acquired was inadvertently transposed, resulting in an overstatement of the amounts of shares beneficially owned by 7,000 shares. This error carried forward in subsequent Form 4 filings. The amount reported in Column 5 of Table I in the Latest Form 4 Filing was overstated by 7,000 shares.
- F2These 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.