DONOVAN NANCY S 4
4 · LEE ENTERPRISES, INC · Filed Dec 29, 2009
Insider Transaction Report
Form 4
LEE ENTERPRISES, INCLEE ENT
DONOVAN NANCY S
Director
Transactions
- Award
Common Stock
2009-12-29$3.50/sh+4,478$15,673→ 37,603 total
Footnotes (1)
- [F1]Reporting Person is a participant in the issuer's Amended and Restated 1996 Stock Plan for Non-Employee Directors, under which participants have the right to elect in writing to receive all or 50 percent of their director compensation, which would otherwise be payable in cash, in shares of Common Stock. The number of shares awarded was determined by dividing the amount of the compensation to be paid by the closing price of the Company's Common Stock as reported for NYSE-Composite Transactions on the trading day immediately preceding the date of payment and rounding to the nearest whole number. Elections under this section must be made at least 1 week prior to the beginning of the Company's next fiscal quarter. A change in an election is effective, if timely made, beginning with Company's next fiscal quarter. Reporting Person will be issued 4,478 shares of Common Stock, at a range of prices between $1.04 - $3.50 for the period of 9/30/08 to 11/28/08.