UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Schermer, Gregory P.
c/o LEE ENTERPRISES, INCORPORATED
400 Putnam Bldg.
215 N. Main Street
Davenport, IA 52801-1924
USA
2. Issuer Name and Ticker or Trading Symbol
Lee Enterprises, Incorporated
LEE ENT
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
9/29/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Vice President - Interactive Media
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Common Stock |9/29/0|M | |1,750 |A |$28.875 | |D | |
|0 | | | | | | | | |
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Common Stock |9/29/0|F | |711 |D |$28.875 | |D | |
|0 | | | | | | | | |
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Common Stock |9/29/0|D | |1,039 |D |$28.875 |196,992 |D | |
|0 | | | | | | | | |
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Common Stock | | | | | | |55,010 |I |By Trust |
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Common Stock | | | | | | |2,000 |I |By Son in Trust |
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Class B Common Stock | | | | | | |512,770 |D | |
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Class B Common Stock | | | | | | |6,000 |I |By Spouse |
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Class B Common Stock | | | | | | |6,000 |I |By Son in Trust |
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Class B Common Stock | | | | | | |4,000 |I |By Daughter in Trust |
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Class B Common Stock | | | | | | |55,010 |I |By Trust |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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Stock Options (Right t|$11 |9/29/|M | |1,750 |D |* |11/8/|Common Stock|1,750 | | 0 |D | |
o Buy) | |00 | | | | | |00 | | | | | | |
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Stock Options (Right t|$11 | | | | | |* |11/20|Common Stock|1,200 | |1,200 |D | |
o Buy) | | | | | | | |/01 | | | | | | |
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Stock Options (Right t|$15.5625| | | | | |* |11/18|Common Stock|1,252 | |1,252 |D | |
o Buy) | | | | | | | |/02 | | | | | | |
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Stock Options (Right t|$16 | | | | | |* |11/3/|Common Stock|450 | |450 |D | |
o Buy) | | | | | | | |03 | | | | | | |
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Stock Options (Right t|$16.6250| | | | | |* |10/31|Common Stock|870 | |870 |D | |
o Buy) | | | | | | | |/04 | | | | | | |
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Stock Options (Right t|$19.8125| | | | | |* |11/1/|Common Stock|1,800 | |1,800 |D | |
o Buy) | | | | | | | |05 | | | | | | |
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Stock Options (Right t|$21.50 | | | | | |* |10/27|Common Stock|1,200 | |1,200 |D | |
o Buy) | | | | | | | |/06 | | | | | | |
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Stock Options (Right t|$26 5/8 | | | | | |* |11/3/|Common Stock|1,400 | |1,400 |D | |
o Buy) | | | | | | | |07 | | | | | | |
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Stock Options (Right t|$27.188 | | | | | |* |11/15|Common Stock|4,000 | |4,000 |D | |
o Buy) | | | | | | | |/08 | | | | | | |
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Stock Options (Right t|$29.938 | | | | | |* |11/9/|Common Stock|7,500 | |7,500 |D | |
o Buy) | | | | | | | |09 | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
*These securities become 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 of
the grant.
SIGNATURE OF REPORTING PERSON
/s/ Gregory P. Schermer
