Timothy R. Millage - Dec 7, 2021 Form 4 Insider Report for LEE ENTERPRISES, Inc (LEE)

Role
V.P., CFO and Treasurer
Signature
/s/Timothy B. Gulbranson, Lmtd. POA, Attorney-in-Fact
Stock symbol
LEE
Transactions as of
Dec 7, 2021
Transactions value $
-$20,973
Form type
4
Date filed
12/9/2021, 02:59 PM
Next filing
Dec 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEE Common Stock Tax liability -$21K -844 -5.89% $24.85 13.5K Dec 7, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.