X0303 4 2009-02-17 0001232241 JOURNAL COMMUNICATIONS INC JRN 0001408302 Wexler Steven H JOURNAL COMMUICATIONS, INC. 333 W. STATE ST. MILWAUKEE WI 53203 1 Exec VP-Journal Broadcast Grp Class B Common Stock 0 2009-02-17 4 A 0 12500 0 A Class A Common Stock 12500 56755 D Class B Common Stock Option (right to buy) 19.95 2007-02-17 2014-02-17 Class B Common Stock 1000 1000 D The Class B Common Stock is convertible into Class A Common Stock (subject to certain limitations specified in the Issuer's Amended and Restated Articles of Incorporation) on a 1-for-1 basis at no cost. Restricted Stock granted February 17, 2009 to reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan. The restricted stock will fully vest on the second anniversary of the date of grant. Grant to reporting person of option to buy shares of Class B Common Stock under the Journal Communications, Inc. 2003 Equity Incentive Plan. The option vested on the third anniversary of the date of grant. Russell E. Ryba, Attorney-In-Fact 2009-02-18