PULITZER INC 4

4 · PULITZER INC · Filed Jun 7, 2005

Form 4

Period: 2005-06-03

Corporate Controller

Transactions

Disposition to Issuer
Stock Option (right to buy)
2005-06-03−6,000→ 0 total
Exercise: $42.86From: 2003-12-11Exp: 2012-12-11→ Common Stock, $.01 par value (6,000 underlying)
Disposition to Issuer
Common Stock, $.01 par value
2005-06-03−1,077→ 0 total
Disposition to Issuer
Stock Option (right to buy)
2005-06-03−7,500→ 0 total
Exercise: $52.92From: 2004-12-10Exp: 2013-12-10→ Common Stock, $.01 par value (7,500 underlying)

Footnotes (4)

[F1]The total includes 465 shares acquired in 2004 under the Pulitzer Inc. 1999 Employee Stock Purchase Plan.
[F2]Pursuant to the Agreement and Plan of Merger dated as January 29, 2005, as amended, among Pulitzer Inc., Lee Enterprises, Incorporated, and LP Acquisition Corp. (the 'Merger Agreement') these shares were converted into and cancelled for a cash payment of $64.00 per share.
[F3]Pursuant to the Merger Agreement, this option, which was to vest in three equal annual installments beginning on December 11, 2003, was converted into and cancelled for a cash payment equal to the product of (i) the excess of $64 per share over the exercise price per share of this option, and (ii) the number of shares of Common Stock covered by this option.
[F4]Pursuant to the Merger Agreement, this option, which was to vest in three equal annual installments beginning on December 10, 2004, was converted into and cancelled for a cash payment equal to the product of (i) the excess of $64 per share over the exercise price per share of this option, and (ii) the number of shares of Common Stock covered by this option.

Documents

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