PULITZER PUBLISHING CO 4
4 · PULITZER PUBLISHING CO · Filed Apr 9, 1999
Insider Transaction Report
Form 4
Transactions
- Disposition from Tender
Common Stock, $.01 par value
[01]1999-03-18−1,228.417→ 0 total - Disposition to Issuer
(right to buy)
1999-03-18Exercise: $18.55→ 1467 (1,993 underlying) - Disposition to Issuer
(right to buy)
1999-03-18Exercise: $21.98→ 6667 (1,994 underlying) - Disposition to Issuer
(right to buy)
1999-03-18Exercise: $21.52→ 6667 (1,995 underlying) - Disposition to Issuer
(right to buy)
1999-03-18Exercise: $34.13→ 6667 (1,996 underlying) - Disposition to Issuer
(right to buy)
1999-03-18Exercise: $34.41→ 5333 (1,996 underlying) - Disposition to Issuer
(right to buy)
1999-03-18Exercise: $42.25→ 4000 (1,997 underlying) - Disposition to Issuer
(right to buy)
1999-03-18Exercise: $58.81→ 8000 (1,998 underlying)
Holdings
- 1,467
Stock Option
→ Stock, (1,467 underlying) - 6,667
Stock Option
→ Stock, (6,667 underlying) - 6,667
Stock Option
→ Stock, (6,667 underlying) - 6,667
Stock Option
→ Stock, (6,667 underlying) - 5,333
Stock Option
→ Stock, (5,333 underlying) - 4,000
Stock Option
→ Stock, (4,000 underlying) - 8,000
Stock Option
→ Stock, (8,000 underlying)
Footnotes (3)
- [01]Table I. Item 3. Effective as of March 18, 1999, Pulitzer Publishing Company (the "Company") completed the spin-off of its publishing and new media properties and consummated the merger of the Company with and into Hearst-Argyle Television, Inc. ("Hearst-Argyle"). In the merger, each share of the Company's Common Stock and Class B Common Stock was converted into the right to receive 1.63914877 shares of Hearst-Argyle's Series A Common Stock.
- [02]Table II. Item 3. Effective as of March 18, 1999, Pulitzer Publishing Company (the "Company") completed the spin-off of its publishing and new media properties and consummated the merger of the Company with and into Hearst-Argyle Television, Inc. Immediately prior to the effectiveness of the merger, all outstanding options under the Pulitzer Publishing Company 1994 Stock Option Plan, whether or not vested, were cashed out by taking the excess of the cashout price of $78.9625 subtracted by
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