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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* VEON GREG (Last) (First) (Middle) LEE ENTERPRISES INCORPORATED 201 N. HARRISON ST., 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) 11/18/2008
	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	11/18/2008		F		2,564	D	$1.52	87,902(1)	D
Common Stock								200	I	By Son
Common Stock								200	I	By Son
Class B Common Stock								5,804	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)	$26.625	11/22/2004		M			4,350	11/15/1999(2)	11/04/2007	Common Stock	6,450	$0	0(3)	D
Employee Stock Option (Right to Buy)	$27.188	11/22/2004		M			5,250	11/03/1998(2)	11/04/2007	Common Stock	7,000	$0	0(3)	D
Employee Stock Option (Right to Buy)	$29.938	11/09/1999		A		15,000		11/09/2000(2)	11/10/2009	Common Stock	15,000	$0	0(3)	D
Employee Stock Option (Right to Buy)	$25.938	11/22/2004		M			5,000	11/13/2001(2)	11/14/2010	Common Stock	20,000	$0	0(3)	D
Employee Stock Option (Right to Buy)	$35.46	11/14/2001		A		20,000		11/14/2002(2)	11/14/2011	Common Stock	20,000	$0	0(3)	D
Employee Stock Option (Right to Buy)	$32.49	11/13/2002		A		20,000		11/13/2003(2)	11/13/2012	Common Stock	20,000	$0	0(3)	D
Employee Stock Option (Right to Buy)	$43.25	11/12/2003		A		11,000		11/12/2004(2)	11/12/2013	Common Stock	11,000	$0	0(3)	D
Employee Stock Option (Right to Buy)	$47.42	04/23/2004		A		850		04/23/2005(2)	10/28/2006	Common Stock	850	$0	0(3)	D
Employee Stock Option (Right to Buy)	$47.64	11/19/2004		A		8,100		11/19/2005(2)	11/19/2014	Common Stock	8,100	$0	0(3)	D
Employee Stock Option (Right to Buy)	$39.6	11/18/2005		A		10,350		11/18/2006(2)	11/18/2015	Common Stock	10,350	$0	0(3)	D
Employee Stock Option (Right to Buy)	$28.72	11/14/2006		A		20,770		11/14/2007(2)	11/14/2016	Common Stock	20,770	$0	0(3)	D

Explanation of Responses:

1. Includes shares purchased through Issuer's dividend reinvestment program, including 2,264 shares purchased in the fiscal year ended 9/30/2008.

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.

3. On August 8, 2008, the Reporting Person's outstanding stock options were voluntarily tendered to the Issuer for cancellation and termination without consideration or promise of consideration pursuant to a Cancellation and Termination Agreement between the Issuer and the Reporting Person of even date.

	Edmund H, Carroll, Lmtd. POA, Attorney-in-Fact	11/20/2008
	** 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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