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]1999-03-18−1,076.189→ 0 total
Holdings
- 3,667
Stock Option
→ Stock, (3,667 underlying) - 1,992
(right to buy)
Exercise: $11.73 - 3,667
Stock Option
→ Stock, (3,667 underlying) - 1,993
(right to buy)
Exercise: $18.55 - 3,333
Stock Option
→ Stock, (3,333 underlying) - 1,994
(right to buy)
Exercise: $21.98 - 3,333
Stock Option
→ Stock, (3,333 underlying) - 1,995
(right to buy)
Exercise: $21.52 - 2,667
Stock Option
→ Stock, (2,667 underlying) - 1,996
(right to buy)
Exercise: $32.41 - 2,500
Stock Option
→ Stock, (2,500 underlying) - 1,997
(right to buy)
Exercise: $46.25 - 5,000
Stock Option
→ Stock, (5,000 underlying) - 1,998
(right to buy)
Exercise: $58.81
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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