SEC Form 4 · accession 0001567619-18-003462
LEE ENTERPRISES, Inc · LEE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Gulledge
Officer — Vice President Publishing
Period of report
Sep 28, 2018
Accepted (ET)
Oct 2, 2018 · 12:37 pm EDT
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 Stock | Sep 28, 2018 | F | 8,499 | $2.65 | D | 36,566 | 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
- F1Withholding of shares by the Issuer to satisfy Reporting Person's payment of applicable taxes upon the vesting of Reporting Person's restricted stock.
- 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.