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*
JUNCK MARY E
(Last) (First) (Middle)
LEE ENTERPRISES, INCORPORATED
201 N HARRISON STREET, SUITE 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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Officer, Chairman, Pres. & CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/19/2004
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 11/19/2004 D 35,000 D(1) $0 87,711 D
Common Stock 11/19/2004 A 35,000 A(2) $47.64 122,711 D
Common Stock 11/19/2004 D 40,000 D(1) $0 82,711 D
Common Stock 11/19/2004 A 40,000 A(2) $47.64 122,711 D
Common Stock 11/19/2004 A 7,500 A(3) $47.64 130,211 D
Common Stock 11/19/2004 A 41,000 A(2) $47.64 171,211 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) $28.9375 11/13/2003 M 18,750 05/10/2000(4) 05/10/2009 Common Stock 25,000 $0 6,250 D
Employee Stock Option (Right to Buy) $25.938 11/13/2003 M 15,171 11/14/2001(4) 11/14/2010 Common Stock 30,000 $0 14,829 D
Employee Stock Option (Right to Buy) $35.46 11/14/2003 M 74,375 11/14/2002(4) 11/14/2011 Common Stock 74,375 $0 74,375 D
Employee Stock Option (Right to Buy) $32.49 11/13/2002 A 80,000 11/13/2003(4) 11/12/2012 Common Stock 80,000 $0 80,000 D
Employee Stock Option (Right to Buy) $43.25 11/12/2003 A 50,000 11/12/2004(4) 11/12/2013 Common Stock 50,000 $0 50,000 D
Employee Stock Option (Right to Buy) $47.64 11/19/2004 A 50,000 11/19/2005(4) 11/18/2014 Common Stock 50,000 $0 50,000 D
Explanation of Responses:
1. Cancellation of Reporting Person's previously issued restricted stock in accordance with Section 16b-3(d) of the Exchange Act, in consideration of the grants of restricted stock subject to the vesting restrictions referred to in Footnote 2.
2. Award of restricted stock in accordance with Section 16b-3(d) of the Exchange Act containing vesting restrictions with target amounts of restricted stock, subject to an increase or reduction in share amounts, based upon achievement of performance goals established by the Issuer's Executive Compensation Committee under the Issuer's Incentive Compensation Program.
3. Award of restricted stock in accordance with Section 16b-3(d) in consideration of the cancellation of the restricted stock referred to in Footnote 1, subject to the same vesting restrictions and adjustment provisions referred to in Footnote 2.
4. 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.
Remarks:
Note that Reporting Person's 11/21/03 Form 4 contained the following inputting errors in Table II: (a) column 5 for each option exercise listed therein should have listed the appropriate shares in column (D) instead of (A); (b) column 9 of the 11/14/03 exercise of 9,000 option shares exercisable at $25.938 should have contained "0" instead of "5,829"; (c) column 7 of the 11/14/03 exercise of 625 option shares exercisable at $35.46 should have contained "74,375" instead of "625"; and (d) the previously reported option award of 75,000 shares at $32.49 was inadvertently omitted.
Edmund H. Carroll, Lmtd. POA, Attorney-in-Fact 11/22/2004
** 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).
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