SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MOWBRAY KEVIN
(Last) (First) (Middle)
LEE ENTERPRISES, INCORPORATED
201 N HARRISON STREET, STE 600
(Street)
DAVENPORT IA 52801
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LEE ENTERPRISES, INC [ LEE ENT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President - Publishing
3. Date of Earliest Transaction (Month/Day/Year)
12/20/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/20/2007 A 20,556 A $0 40,464(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $27.19 11/17/1998 M 175 11/16/1999(2) 11/16/2008 Common Stock 700 $0 525 D
Employee Stock Option (Right to Buy) $29.94 11/10/1999 A 625 11/10/2000(2) 11/10/2009 Common Stock 2,500 $0 1,875 D
Employee Stock Option (Right to Buy) $25.94 11/17/2003 M 1,125 11/14/2001(2) 11/14/2010 Common Stock 2,500 $0 1,375 D
Employee Stock Option (Right to Buy) $35.46 11/14/2001 A 4,000 11/14/2002(2) 11/14/2011 Common Stock 4,000 $0 4,000 D
Employee Stock Option (Right to Buy) $35.15 07/01/2002 A 10,000 07/01/2003(2) 07/01/2012 Common Stock 10,000 $0 10,000 D
Employee Stock Option (Right to Buy) $32.49 11/13/2002 A 10,000 11/13/2003(2) 11/13/2012 Common Stock 10,000 $0 10,000 D
Employee Stock Option (Right to Buy) $43.25 11/12/2003 A 8,000 11/12/2004(2) 11/12/2013 Common Stock 8,000 $0 8,000 D
Employee Stock Option (Right to Buy) $42.6 11/17/2003 A 1,472 11/16/2004 11/14/2010 Common Stock 1,472 $0 1,472 D
Employee Stock Option (Right to Buy) $42.6 11/17/2003 A 685 11/16/2004 11/14/2010 Common Stock 685 $0 685 D
Employee Stock Option (Right to Buy) $42.6 11/17/2003 A 156 11/16/2004 11/04/2007 Common Stock 156 $0 156 D
Employee Stock Option (Right to Buy) $42.6 11/17/2003 A 112 11/16/2004 11/16/2008 Common Stock 112 $0 112 D
Employee Stock Option (Right to Buy) $42.6 11/17/2003 A 439 11/16/2004 11/10/2009 Common Stock 439 $0 439 D
Employee Stock Option (Right to Buy) $47.64 11/19/2004 A 5,400 11/19/2005(2) 11/19/2014 Common Stock 5,400 $0 5,400 D
Employee Stock Option (Right to Buy) $39.6 11/18/2005 A 6,000 11/18/2006(2) 11/18/2015 Common Stock 6,000 $0 6,000 D
Employee Stock Option (Right to Buy) $28.72 11/14/2006 A 13,960 11/14/2007(2) 11/14/2016 Common Stock 13,960 $0 13,960 D
Explanation of Responses:
1. Includes shares purchased through Issuer's ESPP and dividend reinvestment program, including 260 shares purchased through the ESPP since the Reporting Person's last report of ESPP purchases.
2. 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.
Edmund H, Carroll, Lmtd. POA, Attorney-in-Fact 12/21/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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