Kevin Mowbray - 10 Dec 2021 Form 4 Insider Report for LEE ENTERPRISES, Inc (LEE)

Role: Dir., President & CEO, Director
Signature: /s/Timothy B. Gulbranson, Limited POA, Attorney-in-Fact
Issuer symbol: LEE
Transactions as of: 10 Dec 2021
Net transactions value: +$90,400
Form type: 4
Filing time: 14 Dec 2021, 15:08:45 UTC
Previous filing: 09 Dec 2021
Next filing: 13 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LEE	Common Stock	Award	$0	+13,329	+15%	$0.000000	102,316	10 Dec 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LEE	Employee Stock Option (Right to Buy)	Award	$90,400	+8,000		$11.30^*	8,000	30 Apr 2012	Common Stock	8,000	$11.30	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.