LEE ENTERPRISES, INC 4/A
4/A · LEE ENTERPRISES, INC · Filed Dec 18, 2015
Insider Transaction Report
Form 4/AAmended
JUNCK MARY E
DirectorChairman, Pres. & CEO
Transactions
- Award
Employee Stock Option (Right to Buy)
2010-09-28$2.57/sh+165,000$424,050→ 165,000 totalExercise: $2.57From: 2011-09-28Exp: 2020-09-28→ Common Stock (165,000 underlying) - Award
Common Stock
2015-12-11+200,000→ 1,337,672 total
Footnotes (4)
- [F1]Award of restricted stock in accordance with Section 16b-3(d) of the Exchange Act by the Company's independent Executive Compensation Committee ("ECC") containing vesting restrictions with target amounts of restricted stock, subject to a reduction in share amounts, based on achievement of performance goals established by the ECC under the Issuer's Amended and Restated Incentive Compensation Program (effective as of November 20, 2013).
- [F2]Due to a scrivener's error, the Reporting Person's Table I, lines 1 and 2, columns 5 totals in the December 14, 2015 Form 4 overstated the Reporting Person's holdings by 192,501 shares. This mistake has been corrected in the amounts indicated.
- [F3]Award by Issuer's ECC of non-incentive restricted shares of Common Stock pursuant to the Issuer's Amended and Restated 1990 Long-Term Incentive Plan. On the transaction date, the closing price on the NYSE of the Issuer's Common Stock was $1.53 per share.
- [F4]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.