UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0101
Washington, D.C. 20549 Expires: August 31, 2003
Estimated average burden
hours per response...2.0
FORM 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
SEC USE ONLY
DOCUMENT SEQUENCE NO.
ATTENTION: Transmit for filing 3 copies of this form CUSIP NUMBER
concurrently with either placing an order with a WORK LOCATION
broker to execute sale directly with a market maker
1. (a) NAME OF INSURER (Please type or print)
Lee Enterprises, Incorporated
(b) IRS IDENT. NO.
42-0823980
(c) S.E.C. FILE NO.
1-6227
(d) ADDRESS OF ISSUER STREET CITY STATE ZIP CODE
215 N. Main Street, Davenport, Iowa 52801
(e) TELEPHONE
(563)383-2100
2. (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
Gregory P. Schermer
(b) IRS IDENT. NO.
(c) RELATIONSHIP TO ISSUER
Officer/Director
(d) ADDRESS STREET CITY STATE ZIP CODE
c/o 215 N. Main Street, Davenport, IA 52801
--------------------------------------------------------------------------------
INSTRUCTION: The person filing this notice should contact the issuer to obtain
the I.R.S. Identification Number and the S.E.C. File Number.
--------------------------------------------------------------------------------
3. (a) Title of Class of Securities To Be Sold
Common Stock $2.00 par value
(b) Name and Address of Each Broker Through whom the Securities Are To Be
Offered or Each Market Maker who is Acquiring the Securities
BNYESI & CO., Inc., 1633 Broadway, 48th Fl., New York, NY 10019
--------------------------
SEC USE ONLY
--------------------------
Broker Dealer File Number
--------------------------
(c) Number of Shares or Other Units To Be Sold (See instr. 3(c))
6,774
(d) Aggregate Market Value (See instr. 3(d))
$234,380.40
(e) Number of Shares or Other Units Outstanding (See instr. 3 (e))
34,776,121
(f) Approximate Date of Sale (See instr. 3 (f))(MO. DAY YR)
4-25-03
(g) Name of Each Securities Exchange (See instr. 3 (g))
NYSE
--------------------------------------------------------------------------------
INSTRUCTIONS:
1. (a) Name of issuer
(b) Issuer's I.R.S. Identification Number
(c) Issuer's S.E.C. file number, if any
(d) Issuer's address, including zip code
(e) Issuer's telephone number, including area code
2. (a) Name of person for whose account the securities are to be sold
(b) Such person's I.R.S. identification number, if such person is an
entity
(c) Such person's relationship to the issuer (e.g., officer, director, 10%
stockholder, or member of immediate family of any of the foregoing)
(d) Such person's address, including zip code
3. (a) Title of the class of securities to be sold
(b) Name and Address of each broker through whom the securities are
intended to be sold
(c) Number of shares or other units to be sold (if debt securities, give
the aggregate face amount)
(d) Aggregate market value of the securities to be sold as of a specified
date within 10 days prior to the filing of this notice
(e) Number of shares or other units of the class outstanding, or if debt
securities, the face amount thereof outstanding, as shown by the most
recent report of statement published by the issuer
(f) Approximate date on which the securities are to be sold
(g) Name of each securities exchange, if any, on which the securities are
intended to be sold
------------------------------------------------------------------------------------------------------------------------------------
TABLE I - SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the securities to be sold
and with respect to the payment of all of any part of the purchase price or other consideration therefor:
------------------------------------------------------------------------------------------------------------------------------------
Title of the Date you Nature of Acquisition Name of Person from Amount of Date of Nature of
Class Acquired Transaction Whom Acquired Securities Acquired Payment Payment
(if gift, also give
date donor acquired)
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 11-1-94 Stock Option Grant Under Lee Enterprises, Stock Options for 4-25-03 Cashless
$2.00 par value Long Term Incentive Plan Incorporated 474 shares Exercise
$16.625
per share
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 11-8-95 Stock Option Grant Under Lee Enterprises, Stock Options for 4-25-03 Cashless
$2.00 par value Long Term Incentive Plan Incorporated 1,350 shares Exercise
$19.8125 per
share
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 10-28-96 Stock Option Grant Under Lee Enterprises, Stock Options for 4-25-03 Cashless
$2.00 par value Long Term Incentive Plan Incorporated 900 shares Exercise $21.50
per share
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 11-4-97 Stock Option Grant Under Lee Enterprises, Stock Options for 4-25-03 Cashless
$2.00 par value Long Term Incentive Plan Incorporated 1,050 shares Exercise $26.625
per share
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 11-16-98 Stock Option Grant Under Lee Enterprises, Stock Options for 4-25-03 Cashless
$2.00 par value Long Term Incentive Plan Incorporated 3,000 shares Exercise $27.188
per share
------------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS:
1. If the securities were purchased and full payment therefor was not made in
cash at the time of purchase, explain in the table or in a note thereto the
nature of the consideration given. If the consideration consisted of any
note or other obligation, or if payment was made in installments describe
the arrangement and state when the note or other obligation was discharged
in full or the last installment paid.
2. If within two years after the acquisition of the securities the person for
whose account they are to be sold had any short positions, put or other
option to dispose of securities referred to in paragraph (d)(3) of Rule
144, furnish full information with respect thereto.
------------------------------------------------------------------------------------------------------------------------------------
TABLE II - SECURITIES TO BE SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during the past 3 months by the person
for whose account the securities are to be sold.
------------------------------------------------------------------------------------------------------------------------------------
Name and Address of Seller Title of Securities Sold Date of Sale Amount of Securities Sold Gross Proceeds
------------------------------------------------------------------------------------------------------------------------------------
Gregory P. Schermer None
------------------------------------------------------------------------------------------------------------------------------------
REMARKS:
INSTRUCTIONS: See the definition of "person" in paragraph (a) of Rule 144.
Information is to be given not only as to the person for whose account the
securities are to be sold but also as to all other persons included in that
definition. In addition, information shall be given as to sales by all persons
whose sales are required by paragraph (e) of Rule 144 to be aggregated with
sales for the account of the person filing this notice.
ATTENTION: The person for whose account the securities to which this notice
relates are to be sold hereby represents by signing this notice that he does not
know any material adverse information in regard to the current and prospective
operations of the Issuer of the securities to be sold which has not been
publicly disclosed. The notice shall be signed by the person for whose account
the securities are to be sold. At least one copy of this notice shall be
manually signed. Any copies not manually signed shall bear typed or printed
signatures.
April 24, 2003 /s/Gregory P. Schermer
------------------------------ ----------------------------
DATE OF NOTICE SIGNATURE
---------------------------------------------------------------------
ATTENTION:
Intentional misstatements or omission of facts constitute
Federal Criminal Violations (See 18 U.S.C. 1001)
---------------------------------------------------------------------